Planning Your Retirement
Retirement Planning
The Retirement Builder Program
How much will your retirement cost?
A person retiring at age 65 could easily spend 25 years in retirement. As a general rule-of-thumb, you will need to generate somewhere between 60% and 90% of your pretax, gross income in retirement. That income must grow each year of retirement at the inflation rate if you want to maintain your preretirement life style during retirement.

Where will that income come from?
Social Security will help somewhat. The problem is the more you make the less effective Social Security will be as a source of retirement income.
How about your corporate pension?
It seems like everyday I hear of another pension plan terminating its promise of delivering dependable retirement income to plan participants.
That leaves savings.
In a 25-year retirement, using reasonable assumptions, for every $1,000 of annual income you will need that is not covered by Social Security or a pension, you will need about $25,575 of capital to support it. In other words, if you need $100,000 per year of pretax income from savings, you will need a capital base of approximately 2.5 million dollars at retirement's door to support it. For most people that is a big number. Building that level of wealth will require a comprehensive plan and the discipline to execute that plan over time. To help, we have developed a process that has been carefully refined over the years called "The Retirement Builder Program". Through Retirement Builder, we have simplified the process of planning for retirement and made it more effective for our clients.
When it's all said and done, you will get the retirement you can afford, not necessarily the one you dream about. Schedule your free Retirement Builder consultation today.