Retirement Planning

Retirement Planning

Did you know . . .

• that retirement can last for 30 years or more?
• you may need up to 80% of your current annual income to retire comfortably?
• the average monthly benefit paid by the Social Security Administration is $1,200?

Planning for retirement is one of the most important decisions in your life. Here are some top reasons why planning is critical to your financial future.

1. Starting your retirement planning at an early age allows you to retire early.
2. Financial stress can significantly affect your expected life expectancy.
3. Your medical requirements may increase or change as you age.
4. To allow you the freedom and finances to fulfill your retirement goals.
5. To ensure that you can maintain your existing lifestyle.
6. To ensure that you have made provisions for the potential rise in inflation.

To reap the benefits of an effective retirement plan, it’s important to invest in a plan as soon as possible. That means if you’re in your 20s or 30s or even 40s, don’t wait till you’re in your 50s. Although, investing at a later age is still recommended if you haven’t already done so. Investing late is better than not investing at all.

View the on-demand recording and:

• Understand ways your income and expenses might change in retirement
• Understand the timing and taxation of income from various sources in retirement
• Make a financial roadmap of decisions and changes you may wish to make in the final phase of your career
• Understand the significance of your pension election choice
• Consider taxes, investments, insurance, estate planning, and even where you live, from the standpoint of a retiree and identify strategies and resources to set the stage for a more comfortable retirement.

Don’t miss out on this very informative webinar designed to help you make the most of your retirement years.