How Much Is Enough?
Most Americans haven’t saved enough for retirement. A recent article on Yahoo Money states “1 in 4 have no retirement savings.” Clearly $0 in retirement savings is not enough, so just how much is “enough”? How do you know how much you should be saving in order to reach your retirement goal? How will inflation impact your retirement? What about Long Term Care? The final answer varies from person to person, but some universal rules apply. Call us if you’re interested in a no-cost, no-obligation appointment. We have a few ideas you might like.
Inflation calculator: https://www.bls.gov/data/inflation_calculator.htm
Read full Yahoo article: https://www.yahoo.com/now/retirement-savings-us-193226292.html#:~:text=1%20in%204%20Americans%20have%20no%20retirement%20savings%3A%20Report&text=%22Those%20that%20are%20%5Bsaving%5D,%2Dyear%2Dolds%20is%20%24120%2C000.
Long Term Care information: https://www.nia.nih.gov/health/caregiving/long-term-care