I want Retirement Income
I Want Retirement Income so I can Retire Fast.
Is "I want retirement income" the extent of your financial planning goals, or have you taken the time to more clearly identify exactly what it is that you're looking for - exactly what you want to have when you retire? After all, saying "I want retirement income," while a practical (and common) sentiment, does not really express much.
Rather than stopping with "I want retirement income," why not take a moment and extend the statement to show why you want to be sure that you have retirement income. Maybe you want retirement income so that you will be able to afford to travel once you no longer have to get up in the morning and head to the office. Maybe you want retirement income simply because you never want to run the risk of becoming a burden to your family; you never want to be in a situation where someone else has to be responsible for making sure that all of your needs will be met.
Of course, it's also important to point out that just wanting to have retirement income is not necessarily going to guarantee that it will be there for. In order to have retirement income, you are going to need to put some time and effort into learning more about the types of savings accounts that are available to help you secure that income, as well as into learning more about investment opportunities that can allow you to increase the amount of money that will be available to you once you are no longer working and bringing in a steady paycheck.
One simple way of learning more about the different types of accounts that are available and how they can help you to reach the financial goals that you have set for yourself for retirement is to download the free retirement calculator that is available at the bottom of this page.
With the free retirement calculator, you will be able to look at the ways in which your savings will accrue in some of the different accounts that are available to you. You may discover that saving in an individual retirement account will have more benefits for you than saving with an annuity account; you'll be able to tell this because, with the retirement calculator, you will be able to get a sense for how much retirement income you will have based on interest and inflation once you retire.
Similarly, you will be able to take a much closer look at stocks, mutual funds and other investments that you have more - or are thinking about making - to see how they've performed and whether or not projections for your investments will help to get you to a point where you have the retirement income that you want.
Not only will you be able to look at your savings and investments on your own, but also - because your contact information will be forwarded to a financial advisor in your area who will call you to follow up - you will be able to discuss your options with a financial planner who can help you to ensure that you have the retirement income you are looking for.
If you want retirement income, you need to be willing to do your part; why not get started by downloading the free retirement calculator today?