1. Make a Plan
"[People] wing it when it comes to either their day to day investments and even retirement. If you are a couple looking to retire together, make sure you sit down and talk about it together," said Liz Ann Sonders, chief investment strategist at Charles Schwab & Co.
2. Follow the 4 Percent Rule
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Calculate what you think you need for one year of retirement, multiply that by 25 and withdraw 4 percent of the total each year to live on.
3. Don't Take Social Security Too Soon
Seventy-five percent of baby boomers claim Social Security before they turn 65, even though the math does not work in their favor. If you are 62 years old earning $60,000 a year, you'd get $1,126 a month from Social Security, but if you wait until you are 70 you'd receive $2,123 a month.You can also calculate what you will get in your country. Its cool.
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