We all need to save money for the future. The question becomes how much is enough? First, let us deal with a few facts. At some point you will retire either by choice or by necessity. At that time you are only going to have
- How much do I have?
- How long will it last?
It is possible today to be retired for as many years as you worked. Therefore, the size of your retirement nest egg may be greater than you think. The sooner you start planning and saving, the better off you will be.
Now that you have stopped working, how much income do you require, and how long will it last? Is the income guaranteed, or will a market downturn reduce my standard of living? What happnens if you fall ill, and how does that affect your income? These are all concerns for which we have a solution.