Latest News
Managing our Finances in Retirement…Some New “Rules of Thumb”
The “rule of thumb” many of us knew in the past called for a savings rate of 10% throughout our working lives as the pathway to a well-managed retirement. Well, things have changed, and many advisors believe the 10% benchmark might cause future retirees to fall short of their goal. The Motley Fool’s Katie Brockman takes a look at some of the new thinking on ways to secure a comfortable retirement in a post today on www.fool.com, factoring in both savings plans and Social Security as a supplemental source of income. Read her post here…
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.