Retirement

There are two factors that can determine whether you’ll have a comfortable retirement: The amount of money you’ve saved and how quickly you spend that nest egg after you retire.

Since the housing and stock markets collapsed several years ago, millions of unemployed and even working Americans have found themselves in need of cash.

The ultimate goal for most retirees is making sure their assets last as long as they live. And because of increased longevity, managing cash flow is more critical than ever.

Nearly 50 million American households own an individual retirement account (IRA).¹ While the IRA has evolved into a popular retirement savings vehicle.

Although much of the last decade has been an exception, historically, stock returns have outpaced inflation by the widest margin and have provided the strongest returns over the long term.

People who are getting ready to wrap up their careers and leave the working world often refer to retirement as “a new chapter” or “the next act” in their lives – and rightly so.

Early retirement is a phrase many Americans wish they could turn into a reality. While retiring in your 50s or early 60s sounds enticing.

When retirement was years away, calculating how much income you may need may have involved a lot of estimates. Now you can be more accurate.

Your retirement plan is designed to help you meet two important objectives — beating inflation and pursuing your retirement savings goals.

If you have already retired or if you can count the number of years until retirement on your fingers then please heed this friendly warning.