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Financial Goals For Retirees

Retirement is here and you thought all would be golden. If you haven’t planned well for retirement you may find yourself coming up short. The most common goals:

  • Make the money last as long as you do.
  • Travel
  • Spoil the grandkids

You and your spouse are 66 and have begun collecting Social Security benefits of $40,000 and you also have a pension paying $10,000 a year with no cost of living adjustment. Your IRAs are worth $250,000 and they are all invested in bonds. That’s over a quarter of a million dollars you remind yourself. Read more…

 

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