It’s National Retirement Planning Week – and in the spirit thereof (and given the market’s wild ride of late), the author of today’s article advises that “you may…want to set aside some time to see where your retirement plans stands and what the likelihood is that you’ll be able to fund a long and satisfying retirement.” He outlines two steps you can take in that regard – and highlights some free online tools that can aid you in your assessment. For more, CLICK HERE.
If you even have a retirement plan at all you are undoubtedly ahead of most Americans. Still, even if you have taken this important step, the question needs to be asked: is the retirement plan you have drafted viable? The author of today’s article outlines how pre-retirees can go about assessing the adequacy of their savings rate – and how retirees can gauge the sustainability of their spending rate. For the steps involved in these tasks – and some online tools for completing them – CLICK HERE.