Traditionally, we are told that we need 75-80% of current gross income during our retirement years. This Baby Boom generation – that 77 million born between 1946 and 1964 – is changing tradition. The success or failure of their retirement experience will have profound implications for generations to come. This new picture of retirement requires ...
People are not in the work force forever, so it is very important to plan. A retirement plan is necessary. It is important to start a retirement plan as soon as possible. The more time money has to accumulate in investments, the more money an individual will have when they are ready to retire. Retirement ...
If you are a young adult, planning for retirement, which is decades in your future, may be very low on your list of financial planning priorities. Here are 6 reasons why retirement planning should become a top priority now. The sooner you start saving the more your money can grow. If you start investing even ...
Retirement planning is all about managing the unknowns. Nobody can be certain of how their investments will perform, how well they’ll be able to stick to their savings plan, or how much they’ll really need to spend in retirement. Yet, each of these variables must be estimated in order to build a solid retirement plan. ...