We recommend that you "Save 10" (percent that is) to be ready for retirement. What does that mean, being ready for retirement? Here is the definition from Investopedia. The true definition is an individual thing. To us, it means having the flexibility to work as much as you want and maintain a high quality of life during your later years.
To help you get there, we're encouraging our clients to save 10% of your salary. One way to accomplish this is to take full advantage of your employer sponsored retirement plan. On this website, you will find articles that will help you better understand how the plans work, basics of investing and some basics you should follow to better manage your finances.
For a look at your situation, email us here. Tell us what you want to save and we'll let you know how that impacts your account.
Know the Basics -
Some short articles that will help make sense of your retirement plan
How do I get there?
What income do I need to Retire?
Retirement Calculators -
Use these to see where saving 10% (or more) can get you
John Hancock Retirement Calculator (a more simple calculator)
American Funds Calculators (more complex and can integrate spouse's savings)
Department of Labor Calculator (converts your savings to a monthly income amount in retirement)
Basic Personal Finance
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