How Much Will You Pay Yourself in Retirement?

How Much Will You Pay Yourself in Retirement?

If you asked 10 people on the street what the most important part of retirement planning is, it’s a good bet most, if not all, would say, “Saving money.” And I’d suspect most would have a tinge of guilt that they aren’t saving enough or haven’t taken enough time to figure out how much income they will really have in retirement.

As we recognize National Retirement Security Week (the third week of October), there’s good news for the many Americans who may feel they aren’t doing enough retirement planning. First off, don’t beat yourself up – no matter where you are on the planning spectrum, the tools and resources are right there at your fingertips to help you get your arms around this! Second, you’re right: Building your savings is a key to retirement planning — but it’s only one part of the puzzle.

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