Saving for Retirement – Taking Action to Avoid Retirement Shortfall

If you are one of the many investors saving for retirement and wondering how you will maintain your standard of living as your investments are not performing and the Sate looks to provide less and less this article is for you. Quite simply, most of the baby boomer generation (that’s about 70 million) people face…

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Mrs. Miller is planning for her retirement, so she is setting up?

Mrs. Miller is planning for her retirement, so she is setting up a payout annuity with her bank. She wishes to receive a payout of $1875 per month for 20 years. How much money must she deposit if her money earns 8% interest compounded monthly? Based upon your question Ms. Miller would need a present…

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What are considerations to think about when planning for retirement?

A.) Time to retirement B.) Planned quality of life C.) Current savings D.) All of the above Simple answer- D!!! All are equally important. Time to retirement allows adjustments to be made, whether you are talking about adding or subtracting what you are saving, supplementing your income so that you can retire earlier. Planned quality…

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