Retirement
Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, and personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.
Don't Buy The Hype
There are a lot of misconceptions about Social Security. Here’s the truth about three of them.
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Estimate how long your retirement savings may last using various monthly cash flow rates.
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Estimate how much income may be needed at retirement to maintain your standard of living.
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Estimate the maximum contribution amount for a Self-Employed 401(k), SIMPLE IRA, or SEP.
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The average retirement lasts for 18 years, with many lasting even longer. Will you fill your post-retirement days with purpose?
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