Perhaps this question has crossed your mind more than once as you consider your financial future. There are many issues surrounding this question and one of the first steps to finding the answer is to evaluate where you are today. It’s good to take a snapshot of where you are currently and paint a picture of where you want to be financially during your retirement years.
You may be surprised to find how much it will take in the future for you to live during your retirement years at the SAME standard of living you are enjoying today. The time to find out what you need to do to make sure your financial future is on solid ground is now.
With the recent downturn in the economy, huge inflation, and troublesome markets, many are worried the savings and investments they have currently will not be enough for them to retire when they were hoping. In just a few minutes we can help you get a glimpse of your current situation. I’ve found these are the four most troubling questions for many to answer:
- What rate of return would you have to earn to retire when you want and have your money last to life expectancy?
- How much money should you be saving to get you where you want to be?
- How long will you have to work if you keep doing what you are currently doing?
- How much will you be able to spend during retirement each year and have your money last until your life expectancy?
I believe everyone should have an answer to each of these questions. Don’t you?
If you want to know your answers to these questions, email me or call my office and we’ll schedule a time for us to visit. We only need about 15 minutes.
