Colleen Mulder-Seward, MBA
Retirement Calculator, Inc.
Why Sit Through Income Webinars When You Can Get the Right Information on Your Own?
It used to be that, when people needed information for planning their retirement, they would attend an income seminar. They would register in advance, possibly take time off of work, and go sit with a group of other people and listen to a presentation.
Now, in the internet age, rather than attending a seminar, people often make the choice to attend income webinars. A webinar is similar to a seminar, but it takes place online. Rather than going to a meeting area in a hotel or business center, you register for income webinars, and log on to the site at an appointed time.
However, income webinars still provide the same details. You will still hear about a one size fits all retirement savings plan. You will still hear about spending wisely, saving well. In some income webinars, you will hear about specific investment strategies. In others you will learn more about the stock market or about annuity accounts.
But what about you? During income webinars, the specific goals that you have for your retirement will not be addressed. Your concerns about the level of risk that goes along with a particular investment strategy will not be addressed. And, most importantly, the ability of your current investment strategy to enable you to reach your goals will not be addressed during income webinars.
When you want to ensure that you will have the income that you need after you retire, it is important to learn more about your savings and investments. While you could come away from income webinars with information that could help you to plan for your retirement, there are better ways of addressing your own situation.
One of those ways is to download the free retirement calculator that is available by clicking the blue button at the bottom of this page. With it, you will be able to enter simple information about your current savings and investment accounts.
You will be able to see how the accounts that you've opened have performed over time. Similarly, you will be able to evaluate the stocks, bonds and mutual funds that you have invested in. You will be able to see how they have performed - both individually and in combination - over time.
More importantly, you will be able to see how your savings and investment accounts are projected to perform over the next twenty five years. With those projections - which take into consideration the way that changing interest rates as well as the effects of inflation - you will be able to determine the income that will be available to you once you have retired.
Maybe you will like what you see. But even if you do you will be able to use the retirement calculator to determine what changes you can make to your retirement strategies that will ensure the financial security of your retirement. Without risk, you will be able to see how your investments would be affected if you were to switch to a different mutual fund or how your retirement income would be affected if you needed to make a withdrawal from your retirement savings.
With the retirement calculator, you will develop confidence in your ability to save and invest in your future - something that you may or may not get by attending income webinars. You will be able to determine the right course of action for you: the plan that will help you to reach all of your retirement goals.
Similarly, when you download the free retirement calculator you will receive another benefit that does not come with income webinars: a free consultation with a financial advisor. You will be able, during this consultation, to get the answers and advice that you need in order to save for your retirement - and reach all of the goals that you have set for yourself.
Why not make the time you spend in front of your computer working on your retirement planning more productive? Rather than sitting in on an income webinar, spend time with the free retirement calculator. Look at your savings and investments and see what you can do to secure your retirement income. Just click the blue button below to get started.