What activities helped retirees decide when they could retire?
#1 - determining how much their income would be.
#2 - determining how much their expenses would be.
Source: LIMRA International, "Decisions, Decisions…and Retirement is a BIG One!"
| myth: |
I don't have enough money today to save for tomorrow. |
| truth: |
Saving a little money today will make a big difference tomorrow. And you likely have more money than you realize. |
Many of us get bogged down in the day-to-day rush. We pay bills when they come due but aren't sure where we're at financially. Getting a picture of your current financial situation creates the foundation for your plan.
Next step: Define what are my goals for the future?
