Income in Retirement Planning is the one area people talk about the most, but plan for the least ! There are a number of reasons for this:
No one has shown them the different ways of saving for retirement
No one has shown them projections of potential retirement benefits at selected retirement ages, growth rates (inclusive of state benefits).
There has been no formal strategy put in place to achieve Retirement goals
Worry! – That the dream will not become a reality.
With careful planning it is possible to see, understand and plan for that special day in the future – whether it is the Yacht in the Caribbean or a move to the country to get away from city life. A strategy needs to be planned, executed and above all, monitored to ensure that the financial goals are being met.