Guaranteed Income for Retirement
Wish There Were Such a Thing as Guaranteed Income for Retirement? Talk to a Local Financial Advisor today to discuss your retirement income options. Try Bob's Free Retirement Calculator to see if your retirement money can last a lifetime?
There are plenty of people who would love to take the stress out of planning for their financial future by knowing that there was such a thing as guaranteed income for retirement. It would be nice, wouldn't it? guaranteed income for retirement would mean that you could pay less attention to investing in stocks and mutual funds because no matter what happened, you would know what you were going to get. Likewise, it would mean that you could spend less time trying to research the right certificates of deposit or annuity accounts that would help you to generate income more rapidly.
However, because there is not such a thing as a guaranteed income for retirement that we will all get a piece of when our turn to retire comes around, there is planning that needs to be done. It is important that each of us creates our own guaranteed income for retirement by:
researching interest rates and how they will affect our savings accounts - regardless of which type of account we choose;
understanding why mutual funds may be a better investment option if the idea of high risk investing is terrifying and the fear of losing everything is too great to overcome;
realizing the value of employer contributions to retirement plans even if otherwise we would not be considering a 401k, 403b or 457 account;
recognizing that a stock portfolio needs to be watched - especially when we are getting closer to retirement - so that we can be sure that we move our money before losing too much; and
understanding the rules that the IRS places on retirement savings accounts.
By taking the time to really understand saving for and investing in our own retirements, we will all be in a better position. However, just because there is research that we need to do does not mean that we are entirely on our own in the endeavor. For example, downloading the free retirement calculator on this page will not only give you a tool that will help you to create guaranteed income for retirement , it will also get you connected with a financial advisor in your area who can help you to consider different options that may better secure your retirement income.
The best part is that the contact information that you enter when you download the retirement calculator will be forwarded to a financial advisor in your area who will be able to answer your questions, help you to more clearly identify your financial goals and then work with you to develop a plan for achieving those goals.
Because there is no such thing as a guaranteed retirement income, it's essential to get all the help that is available - help that can ensure that you create your own best future. As that help is already available to you - there's a tool that lets you calculate income and see before making changes how your income will be affected - it's a good idea to act while you have the chance.