Finance Expert Doug Messina: Enough money to last
| 01 Dec 2017 | 04:44
Doug Messina
The answer to this question will depend on your retirement dreams and current financial situation. The variables that come into play include the amount of money you'll need to pay your expenses each year and other sources of income you have (such as a pension or Social Security). The biggest unknown is how long your retirement will last, but most people should be prepared to spend several decades in retirement. A financial plan lets you test different assumptions based on an appropriate retirement date.
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| Doug Messina 615 Route 32, Suite 4 Highland Mills, NY 10930 845.241.8300 Ask Doug Messina a Question www.ameripriseadvisors.com Most hardworking Americans dream about retirement. Yet the road to retirement can raise questions along the way. If you wonder when, where, why or how to fulfill your retirement goals, you are not alone. Here are some common inquiries my team hears from clients who are planning for this major milestone – whether it's right around the corner or far off on the horizon. Remember that your dreams and financial situations are unique, and there is no one-size-fits-all retirement solution. |