What’s your retirement number? $1 million…$2…$3…$4… maybe $5 million?
It’s time to paint your retirement picture. How does it look? Consider your income needs:
- House payment
- Car payment
- Routine daily living expenses
It’s time to think about your retirement goals because your daily actions TODAY will impact your future lifestyle and flexibility. I’m talking RETIREMENT money, not Walmart greeter money.
So, let’s say you answered $1 million. Did you know that inflation impacts the value of our future dollars? Over time, inflation increases the price levels for goods and services. This means that if you have $1,000,000 today, it’ll actually be worth close to $550,000 in 30 years when you’re closer to retirement (assuming 2% inflation). Read more