Watch the related WEALTHTRACK episode.
Retirement
CALCULATE HOW MUCH MONEY YOU NEED TO RETIRE COMFORTABLY
CALCULATE HOW MUCH MONEY YOU NEED TO RETIRE COMFORTABLY Review assumptions using new approaches Maximize your social security benefits Consider impact of insurance products: immediate annuities longevity insurance long term care insurance RETIREMENT CALCULATORS T. Rowe Price Fidelity
THE BIG RETIREMENT RISK: RUNNING OUT OF MONEY BEFORE YOU RUN OUT OF TIME
READ ERIN BOTSFORD’S BOOK “The Big Retirement Risk: Running Out of Money Before You Run Out of Time” IDENTIFY AND MAXIMIZE SOURCES OF INCOME FOR LIFE – Start with maximizing social security www.socialsecuritysolutions.com
FAMILIARIZE YOURSELF WITH IMMEDIATE ANNUITIES
Payouts are still much higher than what you can get on long term U.S. treasuries. Mary Beth Franklin recommends pre-retirees check out deferred income annuities: you pay a lump sum to the insurance company and you determine the date future payments begin.
CONTACT: SOCIAL SECURITY SOLUTIONS
Visit SocialSecuritySolutions.com or call 866.762.PLAN. Use commercial code “MBF” to receive 10% off your personalized report Watch this Episode
