More than 60% of Americans will retire without an adequate income to maintain their current lifestyle.
It’s not going to be your parents’ retirement – rewarded at 65 with a gold watch, a guaranteed pension, and health insurance for life. For many Americans, retiring in this new century is a mystery. Earlier generations of workers could rely on employer-provided pensions, but now many workers will need to rely on their own work-related and personal savings plus Social Security benefits. These savings have to last longer because Americans are living longer, often into their eighties and nineties.
Getting started today will help you put time on your side.
Solving your retirement mystery has revealed that more saving (especially for medical costs), more investing, and less spending will boost your confidence and your financial bottom line as you near the end of your working life.
Quit Worrying, Start Planning
Remember, you’re facing a retirement that’s probably going to be longer than your parents’ and will involve more uncertainties. This new kind of retirement means there are many American workers worrying about the future, instead of planning for it. You can choose to stop worrying and start planning. Not only will you come up with facts to work with, the chances are good you might just change the way you save and invest.
We can help you to develop a strategy and bring order to the chaos of retirement planning. The information and support you need to make informed decisions that are right for you are right here waiting for you. All you need to do is ask.
Planning for your retirement today will avoid disappointment later. Contact one of our advisors to schedule a meeting!