Baby Boomer Income Planning
Baby Boomer Income Planning and You
Baby boomer income planning : what efforts are you making now that can help to ensure that, when the time comes, you are not just able to retire but you are also able to spend time with your kids and grandkids, have a buffer to cover expenses that come up and money to pay for the traveling that you promised yourself would come after you retire?
When it comes to baby boomer income planning, there seem to be two schools of thought. There's one group of boomers who have already been taking action to save for their retirement - a group that has focused on savings accounts, certificates of deposit, bonds, stocks and mutual funds and carefully planning their finances and who believe that they have everything figured out. Then there is the other group. They are waking up, realizing that they are quickly approaching the age that their fathers were when they retired and are starting to get a sinking feeling like it may be too late to plan for their futures.
Both of these groups are missing an important bit of information about baby boomer income planning . What is it? Simply this: when it comes to baby boomer income planning , there's always something that you can be doing that will help you to have the retirement that you have always wanted. Whether you have been committed to saving for some time or you are looking for a way of starting now and still reaching your goals, it's important to consider that it's possible - it may take a bit of effort, but it is possible.
One thing that can help to make baby boomer income planning a bit easier is the free retirement calculator that you can download on this page. With the retirement calculator, you will be able to:
Look at the savings accounts that you have, interest rates, and the way that inflation will affect your savings when you retire.
Look at the stocks that you're holding to see how they have performed in the past, how they are doing now and how they are projected to perform in the future.
Look at mutual funds to determine whether or not you've invested in the right group of companies.
Identify changes that you can make with the way that you allocate your savings.
Determine which changes you can make that will help you to reach your goals (if you haven't already been saving and investing, the first step is to start; the second step is to choose the right accounts and investments.
The next thing that you can do, once you've looked at the situation on your own, is to talk with a financial advisor who can help with baby boomer income planning . To take the confusion out of choosing an advisor, when you access Bob's free retirement calculator, you will receive a call from a financial advisor in your area who can help with answering your questions and determining what you need to do in order to reach your retirement goals.
Baby boomer income planning is essential. Don't let yourself get caught up in the trap of "it's too late" - it's never too late to save, invest and reach your financial goals. The right information and advisor can help.
Try Bob's free retirement calculator - The retirement calculator was featured on 'The Saturday Early Show' by CBS' top financial analyst just click the blue button below. Take control and reach your retirement goals and connect to a trusted financial advisor near you.