There are 4 questions you should ask yourself before you begin planning your retirement. These questions include:
- When are you planning to retire?
Time until retirement is a critical starting point!
- What is the time horizon for your retirement savings?
1 in 4 65 year-olds will live beyond ago 90.
- How much money will you need in retirement?
Most planners recommend 70-80% of current income.
- What is the appropriate investment asset allocation for you?
Equities? Fixed incomes? Start planning today.
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