Wednesday, 30 January 2019

What is Your Retirement Projection?

Your retirement projection is directly dependent on your current savings and investment plan. Do you know your retirement projection? If you do not know, you could very well end up among the 95% of Americans who are not financially independent at age 65 - this according to a study conducted by the U.S. Department of Commerce. In addition, the government's study also showed that only a dismal 25 percent of all retirees are able to avoid dependence on Social Security, family, and friends as their only sources of income. 

Generally, you will need at least 75 percent of your pre-retirement income to ensure a comfortable retirement, according to most financial experts. Once you know where you are and where you need to be, the next step can be taken. You should start your financial education by reading finance magazines, newspapers and websites. Attendance at investment classes is another great option.  

Also, consider a FREE subscription to Retirement Intelligence Information Services. The newsletter mission is to help you, the individual investor, become informed and empowered to take over control of your investments. Take the next step toward your secure retirement today. 

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