Latest News
Do you need a target number for retirement?
(By - Virginia C. McGuire, NerdWallet, via www.usatoday.com)
How much savings will you need to retire comfortably? “I have zero idea of the answer to that question,” says Mary Wall, a 29-year-old doctoral candidate atHarvard University’s Graduate School of Education. Much of the retirement advice and many of the planning tools out there focus on figuring out a specific target, sometimes called a retirement number, even if you’re several decades away from leaving the workforce. For younger workers such as Wall, determining a number might not be realistic. Too much can change between now and when they reach retirement age. Read more…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.