Retirement Planning

When you picture your retirement, what do you see yourself doing?  What is your lifestyle?

Today when you plan for retirement, you need to consider and plan for:


  • Living a long time in retirement, this could easily be 30 - 40 years in retirement
  • Inflation - the cost of living will rise
  • The cost of healthcare
  • Interest rate changes
  • Taxes 
  • The volatility of the market



 


You should diversify your income sources


You should develop a plan to protect and make sure your retirement income plan completes for your loved ones if something were to happen to you: disabled, needing long-term care, or death