Several
potential retirement problems are faced by retirees:
- Is my pension secure?
- Will Social Security be there for my
retirement?
- What will my retirement costs be?
- How will early retirement affect how
comfortable my retirement will be?
- How much money can I withdrawal from my
retirement account each year?
- What will my retirement outcome be if I stay
with the plan I have made?
- Will my money last throughout my entire
retirement?
- What
can I do to keep myself informed of the latest retirement issues?
1)
Pensions used to be a secure source of retirement income. Unfortunately, that
is no longer the case. Several major companies in the steel and airline
industries have already defaulted on their pension plans. There is speculation
that the next major industry to default on their pension plans will be the
automotive industry, including both automotive manufactures and automotive
suppliers alike.
2) Assuming that Social Security is secure, from the U.S. government's
own web site, "...Under current law, if you have
average earnings, your Social Security retirement benefits will replace only about
40 percent, so you'll need to supplement your benefits with a pension, savings
or investments."
3)
Most financial experts say you need at least 75 percent of your pre-retirement
income in retirement to live comfortably in retirement.
4-7)
The Retirement Calculator at http://www.retirementcalc.com can help you to create your retirement income plan. Using the retirement calculator,
you can view your retirement savings balance and plan your withdrawals for each
year until the end of your retirement. The results
of your input assumptions are revealed instantly.
8)
Sign up for the Retirement Intelligence Information Services newsletter
which provides investment education in easy to understand terms, to help you, the
individual investor. The service is absolutely 100% FREE for everyone. Providing
intelligent retirement information is our passion.
Through
the Retirement Intelligence Information Services newsletter, you
will become informed and empowered to take over control of your investments.
Topics covered by the Retirement Intelligence Information Services newsletter
include:
- The Retirement Calculator 2.0 (a $24.95 value).
- Introduction to multiple Multi-Million
Dollar business opportunities.
- Health Insurance
and Health Care Costs
- Retirement News
Letters
- Where to Retire Resources
- Retirement Communities
- Retirement Planning
Resources
- Asset Allocation Strategies
- Money Manager
- Jobs over 55
- Internet
Technologies and Services
- Computer Training
Information and Resources
- Annuities and Long
Term Care
- Estate Planning
- Senior and Retirement Websites
- Financial e-Books
- Retirement Products
and Services
- Meeting people and making
long lasting Friendships
In
addition, Retirement Intelligence Information Services newsletter subscribers are encouraged to submit
questions or topics you would like to see covered in the newsletter. Colleen
Mulder-Seward is our newsletter author and can be reached at Colleen@retirementcalc.com .
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