A recent survey* found that over 50% of Americans don’t feel financially prepared for retirement. With today being National #FinancialAwarenessDay, now’s the perfect time to assess your savings and make a plan for the future. Not sure how to get started? Stop by your local branch, we can help! Click to get directions: https://bit.ly/3bgAIfW *Visit https://bit.ly/3xP3bEU to read survey results
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https://lnkd.in/db6bkK7X Individuals with a financial plan are more likely to save consistently for retirement, manage their bills punctually, and enjoy a comfortable lifestyle #FinancialPlanning #RetirementPlanning
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How do I create a customized savings strategy and roadmap for retirement income? Preparing for retirement can be daunting, but it doesn’t have to be. Start by assessing your current financial situation and future goals. Consider factors like tax efficiency and inflation. Our client-first approach ensures you have continuous advisor access to guide you. Schedule a personalized consultation at bighamwealthadvisory.com #RetirementPlanning #WealthManagement #FinancialSecurity #WealthManagement #FinancialPlanning #InvestmentStrategies #RetirementPlanning
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Wondering if $1 million is enough for your retirement? Follow these steps to calculate: ✓ Estimate Annual Expenses: Consider housing, utilities, healthcare, activities, and other costs. E.g., $50K/year. ✓ Account for Inflation: Assume an annual inflation rate of 2-3%. ✓ Retirement Duration: Plan for 25-30 years. ✓ Total Savings Needed: Multiply annual expenses by retirement years. E.g., $50K × 30 = $1.5M. ✓ Income Sources: Subtract pensions, Social Security, etc., from your annual expenses. ✓ Withdrawal Rate: Use the 4% rule. $1M × 4% = $40K/year. Compare this to your needs. If $40K/year covers your expenses, $1M might suffice! Remember, these are simplified calculations. Always consult a financial advisor for a personalized plan. Ready to secure your financial future? Let’s start the conversation! #RetirementPlanning #FinancialFreedom #Investment #PersonalFinance #FinancialAdvice
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Wondering if $1 million is enough for your retirement? Follow these steps to calculate: ✓ Estimate Annual Expenses: Consider housing, utilities, healthcare, activities, and other costs. E.g., $50K/year. ✓ Account for Inflation: Assume an annual inflation rate of 2-3%. ✓ Retirement Duration: Plan for 25-30 years. ✓ Total Savings Needed: Multiply annual expenses by retirement years. E.g., $50K × 30 = $1.5M. ✓ Income Sources: Subtract pensions, Social Security, etc., from your annual expenses. ✓ Withdrawal Rate: Use the 4% rule. $1M × 4% = $40K/year. Compare this to your needs. If $40K/year covers your expenses, $1M might suffice! Remember, these are simplified calculations. Always consult a financial advisor for a personalized plan. Ready to secure your financial future? Let’s start the conversation! #RetirementPlanning #FinancialFreedom #Investment #PersonalFinance #FinancialAdvice
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I help Individuals and Corporation owners protect their Life, Health, Money and Business to live peacefully by having Financial Security now and build Wealth for Retirement and generations to come.
Wondering if $1 million is enough for your retirement? Follow these steps to calculate: ✓ Estimate Annual Expenses: Consider housing, utilities, healthcare, activities, and other costs. E.g., $50K/year. ✓ Account for Inflation: Assume an annual inflation rate of 2-3%. ✓ Retirement Duration: Plan for 25-30 years. ✓ Total Savings Needed: Multiply annual expenses by retirement years. E.g., $50K × 30 = $1.5M. ✓ Income Sources: Subtract pensions, Social Security, etc., from your annual expenses. ✓ Withdrawal Rate: Use the 4% rule. $1M × 4% = $40K/year. Compare this to your needs. If $40K/year covers your expenses, $1M might suffice! Remember, these are simplified calculations. Always consult a financial advisor for a personalized plan. Ready to secure your financial future? Let’s start the conversation! #RetirementPlanning #FinancialFreedom #Investment #PersonalFinance #FinancialAdvice
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Wondering if $1 million is enough for your retirement? Follow these steps to calculate: ✓ Estimate Annual Expenses: Consider housing, utilities, healthcare, activities, and other costs. E.g., $50K/year. ✓ Account for Inflation: Assume an annual inflation rate of 2-3%. ✓ Retirement Duration: Plan for 25-30 years. ✓ Total Savings Needed: Multiply annual expenses by retirement years. E.g., $50K × 30 = $1.5M. ✓ Income Sources: Subtract pensions, Social Security, etc., from your annual expenses. ✓ Withdrawal Rate: Use the 4% rule. $1M × 4% = $40K/year. Compare this to your needs. If $40K/year covers your expenses, $1M might suffice! Remember, these are simplified calculations. Always consult a financial advisor for a personalized plan. Ready to secure your financial future? Let’s start the conversation! #RetirementPlanning #FinancialFreedom #Investment #PersonalFinance #FinancialAdvice
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With people changing jobs more frequently these days, it's important to think about how a new position might affect your finances. From adjusting your budget to figuring out what to do with your retirement plan, Wealth Advisor Ryan Berning, CFP® shares five key steps to consider when switching jobs. https://lnkd.in/g5wCj-ci
Switching Jobs? Action Items When Making a Career Change
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Americans don’t have nearly enough for retirement. How much should we actually be saving? https://lnkd.in/efhAkziw #BankingAndFinanceNews #MergersAcqusitions #Business #Services #Finance #Markets Please Repost
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Kaur_EduEmpower 🚀: Trailblazing Next-Gen Financial Wizards! | Empowering Marginalized Communities in Northern BC, Alberta & Saskatchewan | Crafting a Inclusive Future#EveryChildMatter #NoFamilyLeftBehind
Wondering if $1 million is enough for your retirement? Follow these steps to calculate: ✓ Estimate Annual Expenses: Consider housing, utilities, healthcare, activities, and other costs. E.g., $50K/year. ✓ Account for Inflation: Assume an annual inflation rate of 2-3%. ✓ Retirement Duration: Plan for 25-30 years. ✓ Total Savings Needed: Multiply annual expenses by retirement years. E.g., $50K × 30 = $1.5M. ✓ Income Sources: Subtract pensions, Social Security, etc., from your annual expenses. ✓ Withdrawal Rate: Use the 4% rule. $1M × 4% = $40K/year. Compare this to your needs. If $40K/year covers your expenses, $1M might suffice! Remember, these are simplified calculations. Always consult a financial advisor for a personalized plan. Ready to secure your financial future? Let’s start the conversation! #RetirementPlanning #FinancialFreedom #Investment #PersonalFinance #FinancialAdvice
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