Are You Looking for a Private Retirement Plan?

I’m Too Young, I’m Too Old, I’m Almost Old Enough, Should I Have A Retirement Plan?

Yes retirement planning is important for all of us. This is not an easy subject for any of us to talk about, but, we must discuss it sooner rather later!

We want to be able to enjoy our golden years comfortably without having to worry about our finances. Planning your retirement is a crucial key to making this or retire

So, what do I need to do to plan for my retirement? You can start by asking and answering some or all of these questions: How long will it be before I retire? Do I have money already saved for retirement and if so, will it be enough for me to retire on? How much money should I put away for my retirement? How should I invest my money in order to achieve the amount of money I want to retire on? How much money will I need to live on to maintain my present and future lifestyle?

Is There Someone Who Can Help Me Answer these Questions?

Yes, seek the help of a CERTIFIED FINANCIAL PLANNER™ or CFP®. They are fully educated and trained to answer these very questions. They can take a look at where you are currently and project what is will take in terms of savings and for how long to achieve the retirement lifestyle or your dreams.

All of these retirement planning questions are important for you to think about in order to have solid retirement planning. Once you have answers to these questions, then proceed to start your retirement savings now!

What Are My Investment Choices?

What are some of the areas I can invest my money in for retirement? Stocks, bonds, certificate of deposits, mutual funds, 401K, IRA, Roth IRA, annuities and many other miscellaneous investment vehicles. These are  the standard retirement plan investments.

Where can I expect to withdraw money for my retirement?

Social Security, savings, pension plans, and your investments from 401K plans, certificate of deposits and other investments.

How much money will I need for retirement?

It is estimated that you will need approximately 60-80% of your current income at the time of your retirement. This will allow you to live the lifestyle you are accustomed to having by the time you retire.

When should I start saving for retirement? Now! It’s never too early or late to start saving for your retirement. The sooner you start the more money you will have for your golden years to live on.

Have your considered a Private Retirement Plan?

What is a private retirement plan? That is a question that should added to the list above. A private retirement plan or as I like to call it a Personal Pension Plan consists of a product called a Fixed Index Annuity. What is a Fixed Index Annuity? I invite you to go to the products tab on my website and click on the link and learn about the Fixed Index Annuities from the companies I work with. There are also other blog posts that discuss Fixed Index Annuities in detail as well.Annuity Breakdown

In my opinion, a Fixed Index Annuity is one of the best overall retirement plan investment products.

It is also the most popular of all the annuity products. See the chart.

Please feel free to call or email me with any specific questions you may have. There is a comment box below and I welcome any comments you may have. I will respond ASAP.


Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the US, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.CFP

Leave a Reply

Your email address will not be published. Required fields are marked *