10 Things to Know About Planning Your Retirement Income
When you stop to think about it, retirement is like 20 to 30 years of unemployment. That means having a written income plan is all the more important to identify your goals to help you achieve long-term financial security. Today, the number one concern of retirees is running out of money in retirement. These concerns are valid, as many employee-sponsored pension plans are going away, and Social Security does not typically cover all the income needed in retirement, leaving many retirees the weight of saving enough money for retirement.
There are many things to consider as you plan for your retirement, such as healthcare costs, taxes and inflation. I encourage you to visit our website www.cornerstoneretirement.com and download our 10 Things to Know About Planning Your Retirement Income Report. In this report, we have outlined important aspects to consider as you approach retirement.