The Four Most Important Financial Questions To Ask Yourself
1. Rate of Return
Do you know What Rate of Return You Must Earn on your savings and investments to maintain your current lifestyle, adjusted for inflation, and ensure your money lasts throughout retirement?
2. Amount To Save
Are you aware of How Much You Need to be Saving on a monthly or annual basis to secure a future where you can maintain your current lifestyle, adjusted for inflation and not run out of money?
3. When To Retire
Have you determined How Long You Will Need to Work before you can retire and ensure that your accumulated funds will last through your life expectancy?
4. Retirement Lifestyle
If you don’t make any changes to your current plan, do you know How Much You Will Need to Reduce Your Standard of Living in Retirement to avoid running out of money before your life expectancy?
1. Rate of Return
Do you know What Rate of Return You Must Earn on your savings and investments to maintain your current lifestyle, adjusted for inflation, and ensure your money lasts throughout retirement?
2. Amount To Save
Are you aware of How Much You Need to be Saving on a monthly or annual basis to secure a future where you can maintain your current lifestyle, adjusted for inflation and not run out of money?
3. When To Retire
Have you determined How Long You Will Need to Work before you can retire and ensure that your accumulated funds will last through your life expectancy?
4. Retirement Lifestyle
If you don’t make any changes to your current plan, do you know How Much You Will Need to Reduce Your Standard of Living in Retirement to avoid running out of money before your life expectancy?