Retiring Well Requires Careful Planning
Today, retirement planning is more valuable than ever. Pension plans are disappearing, healthcare costs are rising, and Social Security benefits may change. You feel responsible for funding your retirement income, but trying to do it alone can be taxing.
Everybody has different notions about what they need for retirement. Talking to a financial planner is the quickest, most effective way to figure out what’s best for you. At Turning 65 Solutions, we help make retirement easy and clear for our clients in Texas and beyond.
Where Will Your Retirement Income Come From?
Your cash flow for retirement will likely be a mix of Social Security, personal savings, workplace retirement accounts, and other sources, like:
- 401(k)s
- Annuities
- A pension
- Home equity
- An inheritance
- A part-time job
If you understand how much you need to retire and where your retirement income will come from, it can help you plan better.