Retirement Planning: The Basics; Step by Step to Planning Your Retirement

ISBN-10: 1535313250
ISBN-13: 9781535313254
Series: Retirement Planning
Pages: 90
Language: English
Published: 2016-09-20
Publisher: Createspace Independent Publishing Platform
Author: Neil Bryan

Description

This is book 4 of the Money Action Plan Series. WHAT YOU WILL LEARN: What it means to get ready to retire and what retirement really means. A quick method for determining whether you are ready for retirement, financially speaking. Then we'll go into detail in each of the areas presented. You will learn how to determine how much income you will need during your retirement. You will learn how to prepare an estimate of your retirement income that will show how much you can expect in income at the beginning of your retirement from various sources that you have at your disposal. You will learn how to prepare an estimate of your retirement expenses that will show how much you expect to spend each month at the beginning of your retirement. You will learn how to prepare an estimate of your investments that will produce income during your retirement. You will learn how to put all this information together into a Retirement Planning Summary that will give you an idea how much you need to investment on a monthly basis to realize your retirement goal. If the summary shows that you don't have enough to retire and maintain your lifestyle, we will show you several possible approaches to get ready for retirement. Finally, we'll tie all this in to the Money Action Plan System (MAP) so you will know how the system can help you in this. As with the other books, the MAP is not required for your success in planning for retirement but it may make it easier.