Is there too much month at the end of your money? According to the Office of Personnel Management 2006-2010 projections, more that 50,000 Americans will retire in 2006 and another 250,000 will retire by year 2010. Additionally, 40% of people 55 or older have less than $100,000 saved for their retirement.
Are you ready to retire?
Make sure with our retirement calculator.
What would it be like if, at retirement age 57, you were able to retire on $750,000 of annual income, after tax, and adjusted for inflation as illustrated to the right?
Retirement Analysis Results Comparison
|Average expected portgolio return||7.66%||7.98%|
|End of plan retirement portfolio value||$0||$20,628,774|
|Percentage of goal achieved||12%||100%|
Planning for retirement is not difficult. It does take a disciplined person to acheive their retirement goal only if your planning for retirement on your own. Lindsey Financial, Inc. is well knowledgable about plans such as:
- Defined benefit Pension
We take all the benefits and tax advantages in these plans into consideration when we create our recommendations.
Hypothetical Illustration. Individual results may vary. Information from the 2004 Retirement Confidence Survey, Employee Benefit Research Institute; and “Coming Up Short: The Challenge of 401(k) Plans,” Alicia Munnell and Annika Sunden