Guaranteed Income in Retirement
Retire On Track LLC.
Is There Such a Thing as Guaranteed Income in Retirement? Access Bob's Free Retirement Calculator and we will connect you to a local Trusted Financal Advisor so you can Retire On Track!
When it comes to saving for the future, guaranteed income in retirement sounds like a really good thing, doesn't it? Unfortunately, as company pensions are becoming increasingly rare and as the funding for Social Security and similar programs continues to become depleted, a guaranteed income in retirement seems to become a bit less likely with every passing day. Of course, that does not mean that there are not steps that you can take in order to create your own guaranteed income in retirement .
Think about it for a minute: do you really want to risk relying on a system that may not be there when you retire? Do you want to count on your employer to come through and offer insurance and other programs for you once you are no longer working and risk having family members forced to pay for your care? When there are steps that you can take now - regardless of how close to or far away from retirement - it seems as though there is no good reason to take the risk. It is a far more practical choice to make an effort to create your own financial security.
Fortunately, though you will find that a lot of what it takes to create a guaranteed income in retirement comes down to hard work and your commitment, you will also find that there are tools available and allies who can help you through the process to ensure that you are able to reach the goals that you set for yourself. Whatever your financial goals may be - no matter how much money you want to be able to accumulate to have as income once you have retired, you will find the the free retirement calculator that you can download on this page is a good starting point.
When you download the free retirement calculator, you will also enter your contact information. While you enter your information into the retirement calculator - information about where you are at now with your savings and investments and information about the guaranteed income in retirement that you want to have available to you - your contact information will be sent to a financial advisor in your area. After your basic information has been entered into the retirement calculator, you will be able to start to explore the outlook for your financial future.
You will have the chance to look at the savings accounts that you currently have and at other options to see how, with interest rates, they will grow over time. That way you will be able to determine whether or not the money that you are saving is in an account that will benefit you in the long run. Likewise, you will be able to enter information about your investments. Individual stocks, mutual funds, money market accounts - information about all of these can be entered into the retirement calculator and you will be able to see projections for how they will perform over time. You will also have the chance to start exploring how different investments may better help you to reach your goals.
You will also receive a follow up call from a financial advisor. When it comes to guaranteed income in retirement, your financial advisor can be your best ally - especially if he or she is able to listen to your goals and consistently help you to achieve them. You can ask questions, discuss concerns and even look at possible changes that you may make with the financial advisor. In the end, it is up to you to make the right choices though, so why not get started? Download the retirement calculator and see how easy it can be.