So, you've been thinking about your retirement and it's an exciting and scary proposition.
Two crucial questions have probably come to mind if you are approaching retirement:
- How much do we need to save?
- Where do I put my money to get the best results?
If you are in retirement now you likely wonder:
- Can I get enough income off of what I've saved to sustain my lifestyle? And for the life of my spouse (if you are married)?
- Will my money last as long as I need it to based on where I have it invested today?
A successful retirement requires a well designed income plan. Creating an income that lasts as long as you do and one that doesn't drain every dollar you've ever saved leaving your family penniless when your time here is done.
Great news - you can achieve both objectives: a strong life long retirement income and preservation of your principal for your family.
Retirement planning is like climbing a mountain...
Is the objective really just to get to the top? Not really.
The objective is to get to the top and then to get back down safely.
Retirement planning is just like climbing a mountain. Getting to the top is your accumulation period where you've worked hard and saved for your future. Getting back down is the distribution phase of your retirement.
Successful retirement planning is truly all about "how you've packed your bag!"
There isn't a cheap and easy bailout at the top of the mountain if you've packed and prepared for your retirement journey the wrong way. There is a huge price to pay for mistakes you've made along the way.
The video at the top of this page will give you insight into a much better approach to planning your retirement journey and how you can potentially get a lot more income (many times double the income) in the future if you are working towards your retirement and even if you are in retirement seeking greater security and enjoyment as you are reading this today.