Will My Money Last a Lifetime so I can enjoy my retirement years?
"Will my money last a lifetime," is a question that more and more prople are asking themselves each and every day. It's not surprising either - credit card companies are raising interest rates regularly, home foreclosures are on the rise: even for those who are able to focus on saving for their retirement, there are a number of reasons why people are a bit awkward.
Of course, there are those who are closer to the financial strain of credit card interest rates and who many find themselves unable to pay the mortgage, the question "will my money last a lifetime" takes on a whole new meaning: after all, a lifetime is a remarkable long time, especially when you are unsure of whether or not you will be able to make ends meet in the now.
Fortunately, whether you have already been saving towards your retirement for some time or you are currently struggling to make ends meet and hope to be able to start saving at some time soon - to ensure that they will have money that will last a lifetime - it is possible to learn more about savings and to work with a financial advisor who can help to make the answer to the question "will my money last a lifetime" and assured yes.
Of course, even before you start working with a financial advisor, it is important that you are able to take a closer look at your own financial information and to get a feel for what your situation is like. With the free retirement calculator that you can download on this page, you will find that you are able to look at the savings and investments that you have made and determine whether or not your money will last a lifetime.
On one level, you will be able to do this by looking at each of your savings accounts - whether you have a 401k or 403b account, and individual retirement account, a traditional savings account of certificates of deposit. You will be able to see how the savings in those accounts can be expected to grow with interest over time, and to see the value of that amount once inflation rates have been accounted for.
On another, you will be able to look at investments that you've made. You'll have the chance to look at all of the stocks and mutual funds that you hold, and to see how they have performed, how they are performing and how they are expected to perform over time. You'll also be able to look at small changes that you could make that could have huge pay offs down the line.
Most importantly, once you have had the chance to look at your savings and investment accounts, you will receive a free follow up phone call from a financial advisor in your area. Together, you'll be able to look at the question, "will my money last a lifetime," and you will be able to find the solutions that are possible to ensure that the answer is yes.
Planning for retirement isn't always easy, but it does not need to be difficult either. With Bob's free retirement calculator and the advice of a trusted financial advisor, you can be sure that the funds that you will need will be available.