Retirement Income Checks

Retire On Track LLC.

Will You Write Yourself Retirement Income Checks?

It used to be that retirement income checks came from a pension account, however, more and more employers have phased out their pension programs. Similarly, it used to be that people could rely on Social Security benefits and the retirement income checks that came with those benefits, however with all of the talk about lack of Social Security funding, younger workers may be questioning whether or not these benefits will be there for them in the future. That means, for many workers, the only retirement income checks that they receive will be the ones that they write to themselves.

Of course, that lends itself to increased concerns about whether or not each individual will be able to choose a savings and investment strategy while they are working that will allow them to write retirement income checks later on. Fortunately, when you have the right tools and advice available to you, you are likely to find that it is possible to develop a strong sense of how your savings accounts and investments will perform over time; it's possible to determine not only whether or not you will be able to write yourself retirement income checks, but also how much those checks will be able to be written for.

One of the tools that can help you to predict the amount of the retirement income checks that you will be able to write for yourself is the free retirement calculator that you can download by clicking the link at the bottom of this page. With the retirement calculator you will be able to do a number of things:

  1. You will be able to look at your savings accounts and, by entering simple information about your balance and interest rates, see how they will accrue over time;

  2. You will have the opportunity to enter some simple information about the investments and investment accounts that you have to see how they have performed and to view projections for how they will do over the next twenty five years;

  3. You will be able to look at the value of all of your retirement accounts and take into consideration how they will stand up to the affects of inflation; and,

  4. You will be able to look at the ways in which small changes that you make to your retirement savings and investment strategies will affect the retirement income checks that you can write yourself.

 

Because when you download the free retirement calculator your contact information will be forwarded to a financial advisor in your area, you won't be on your own to process all of the information that you see. Instead, you will receive a follow up call during which you can ask questions, get answers, discuss your goals and determine a plan that will enable you to write yourself retirement income checks.

The best part is that it's easy to get started: all it takes is a click to download the free retirement calculator and you will be on your way.