Can I Afford To Retire?
You’re ready to get off the treadmill and start living life entirely on your terms.
But can you afford it? Will your money outlast you – or the other way around?
Baby Boomers and Gen X-ers face a very different retirement scenario than our parents did. Life expectancy is increasing for well educated Americans, as well as high earners. It’s not unusual for Americans to know someone who lived well into his or her 90s, or even to 100 or more!
Before you pick a date for that retirement party, ask yourself some tough questions, and gather all the data. Taking some time and considering possible pitfalls can save you a lot of money and heartache later.
Sadly, many Americans retire without considering all the data, including:
- Value of Social Security
- Impact of inflation
- Historic performance of stock-and-bond markets
- How much you really need to spend in retirement
- Proper withdrawal rates
- Impact of taxes on retirement withdrawals
For help determining whether you’re ready to retire soon, or whether you have a few more ducks to line up,
Download the Report: 5 Serious Mistakes To Avoid In Retirement
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