Boomer Income for Life
Boomer Income for Life: Are You Prepared?
If you are a member of the baby boomer generation, for better or for worse retirement is pretty much right around the corner ready to jump out and startle you - are you prepared?
Maybe no one is ever fully prepared for retirement, after all it is a pretty big change, but regardless of whether or not you know what you will be doing to fill your time when you no longer have to jump into the driver's seat in the morning and settle in for your commute, there is one element of retirement that you can do more to be prepared for. You can double check to be sure that you have boomer income for life.
What exactly is boomer income for life? On one hand, it's the savings and investment accounts that you will use to finance the lifestyle that you've become accustomed to once you no longer have a regular paycheck coming in. On another, boomer income for life is really just a fancy way of saying that you'll have taken the time to save and invest so that, regardless of what you have been saving for and what you intend to do with your retirement, you're prepared - and you won't have to worry about tapping into the kids' inheritance or the equity that you have built into your home.
Getting prepared and making sure that you have the income that you need once you are retired is, to some, an extremely daunting project. There is this sense that it means grabbing envelops full of bank statements and stock portfolio information and sorting through all of it. Fortunately, that simply is not the case.
With Bob's free retirement calculator that you can access from this page, you will find that you are able to take a closer look at the savings accounts that you have to see how they have grown over time and how, with interest, they will continue to grow until you need them to finance your retirement. Likewise, you will be able to use the retirement calculator to look at the stocks and mutual funds that you have invested in to see how they have performed in the past and how they are projected to perform in the future - allowing you to get a sense of what your boomer income for life will be after you've retired.
Because there is a good chance that you will have some questions about what you see and about possible changes that can be made to ensure that you have the income you need to have the life that you've wanted, when you access the retirement calculator, your contact information will be sent to a trusted financial planner in your area who will call you to follow up and help you come up with the answers that you need.
Having boomer income for life isn't about thinking about getting older or retiring, it's simply a matter of being prepared for having the life that you have always pictured yourself having. Are you ready to make that commitment?
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.