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How Much Do I Need to Save For Retirement? - Mike Mitchell

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Published on Aug 17, 2017

One of the most common questions pre-retirees ask is: How much do i need to save for retirement? This is an important question but the answer is different for every individual. Most financial planners recommend that retirees ideally should have at least 80% of their pre-retirement income to maintain your lifestyle.

However, depending on your specific situation, there are two more questions you can ask yourself that can help you answer this question.

1) How soon do I plan to retire? The sooner you retire, the more money you need.

2) How long will I live during retirement? Outliving your money in retirement is a fear many Americans face.

We want to help you answer these questions using our own powerful economic model. We have helped hundreds of people just like you create a sound retirement.

Request a complimentary review of your retirement plan by calling Michael Mitchell toll-free at (833) 370-0077.

Or you can request your review by using our online form here http://ftmdaily.com/advice

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