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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…
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.
