How many dollars do I need to accumulate for my Retirement?
There are all kinds of rules of thumb about what level of your current net income you'll need to sustain yourself in retirement, generally ranging from 60% to 80% to even more. But if you're new to retirement savings, don't be paralyzed because you won't reach those goals. Simply do the best you can and keep in mind that you're not starting from zero.
For example, even if your current employer doesn't offer a traditional defined benefit pension plan--one that pays a set amount each month--you may well have earned a monthly stipend from a previous job. This is a good time to paw through your old files and find records of any pensions from ex-employers you may be entitled to.
Give me a call for a FREE evaluation of your very own financial situation. These FREE evaluations get booked pretty soon after these blogs are posted so, don't postpone it.
Give me a call right now,
Jesse Alvarado
(562)822-5565
No comments:
Post a Comment