Planning Retirement

Planning Retirement People of each(prenominal) ages should begin cookery for retreat and managing their money well so they atomic number 18 ensured generous income when they do retire. Retirees estimate that pack will need 71% of their pre-retirement income to represent their current lifestyles. Stocks and 401(k) plans are recommended. Facts Nonretired Americans with household incomes that average more than than $50,000 assumes they wont be able to retire until age 59. More than a triplet of affluent retirees with children and grandchildren are helping to support them financi everyy, as are 29% of every(prenominal) retirees. Also, nearly a keister of all retirees whose parents are alive are helping them financially. full 48% of the affluent who arent retired as well as of all people surveyed who arent retired believe they have to work part clock in retirement. Only 23% of well-off retirees and 16% of all retirees polled are working today. Affl uent nonretirees estimate theyll need tho 53% of their pre-re...If you want to get a full essay, fix it on our website: OrderEssay.net

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