Will Your Retirement Income Be Enough?
Will Your Retirement Income Be Enough?
Is conventional wisdom correct when it says you need to generate 80% of your income in retirement? The truth is, there’s no set formula for how much money you need to make when you retire. It starts with considering your own situation, personal goals, and lifestyle you want to live. However, that doesn’t mean it’s impossible to figure out. In fact, this gives you the freedom to plan for the retirement you want.
At Income For Life, we believe that effective retirement planning starts with asking yourself the right questions. In this video, we cover five essential questions which, when answered honestly, can help you effectively plan for the retirement you want. After you’ve checked out the video, click the “Get Access To Your Retirement Report” button to start developing a personalized plan. Saving for retirement isn’t easy. However, with effort and the right plan you can not only reach retirement, but have the security to need to stay retired.
Income For Life Can Help You Determine Your Retirement Goals
Whether you’re just beginning your retirement journey, or you’re making updates to your plan, it can be difficult just to determine how much you need to save — not even mentioning the plan and steps you need to take to get there.
In order to help you determine your retirement goals, here are some helpful questions you can ask yourself.
#1: How much am I spending, on a monthly basis, right now?
#2: Will I be spending more or less in retirement?
#3: Will my tax situation change?
#4: How does inflation affect my retirement savings?
#5: How long will my retirement last?
Will Your Retirement Income Be Enough?
Your Retirement Road Map Is Just Around The Corner
Being set up for retirement success begins with setting goals and developing a solid plan. Start receiving the tools you need by signing up for access to our free 10-part retirement series. We’ve poured our decades of financial experience and proven success tips into this series, so sign up today and get zooming along the road to retirement.
