Retirement can mean many different things from one
person to the next. Some people envision traveling
the world and seeing places they’ve only read
about. Some people simply want to know they will
be able to continue to live comfortably and never
go back to work. Regardless of whether you will choose
to continue to work for fun or charity, have grand
plans or simple ones, retirement boils down to financial
independence. It’s the ability to live without
the need to worry about future income.
Due to the perceived enormity of such a goal, retirement
can seem threatening and unreachable. However, retirement
planning can make the idea of retiring much easier
to grasp and is designed to answer such common questions
- How do know I’m saving enough each month?
- How will I know when I have accumulated enough
to step away from full-time work?
- How shall I draw from my investments once I retire?
- When should I take Social Security benefits?
- Should I buy years of service for an increased
- Will I be drawing down my assets or maintaining