There is no time like today to start planning for retirement. Times flies when you are having fun, so start your retirement planning now, because "someday" is closer than you think.
When it comes to retirement, it may seem like something that seems far away, or almost impossible to achieve with the amount of student loans, credit card debt, mortgages, car payments and monthly expenses. With the average person expected to live longer, it is important to have a plan to make sure that you can retire, and that your income with last throughout your retirement. Although there is no one formula or perfect plan, it is possible to achieve this goal and there are many great answers to help achieve retirement. If you've already started planning, our tips and strategies can help you refine your plan and adjust it based on your changing needs.
Currently, individuals are having to work longer than ever before because of the amount of debt and life expenses. There will always be debt around and it is why it is important to consult with someone who understands the ins and outs, and can give you tips on how to save money and pay off loans and debt. At Dunncreek Advisors, we have a passion for helping individuals in St. Paul, MN with their retirement planning investments.
When it comes to planning your retirement there are many things to consider and that is why Dunncreek Advisors is here to help you with these big life decisions. With more than 15 years of experience in the financial industry, we have seen our hard work help our clients, and make their retirement and financial goals possible. Without financial guidance, do you feel confident that you are able to save for retirement?
When you are thinking about retiring, you need to estimate expenses. Although it is impossible to know exactly how much you will be spending, you can get a good sense by looking at current expenses and projecting ahead. You need to consider "must haves" like groceries, utilities, transportation, healthcare and housing. Further, you have to consider the other things you will want such as traveling, hobbies, dining out, vacation home, new vehicles and recreational equipment. Not only do you need to consider the must-haves, and the nice-to-haves, but you also need to think about emergency expenses such as major home damage or large health issues. We recommend that our clients put aside about between three and six months living expenses for these scenarios, depending on their exact situation.
If you live in St. Paul, MN and are ready to take the next step towards planning for your retirement, it is time to team up with Dunncreek Advisors. Our team would be honored to work with you and help you plan for your future. Give us a call today at (612) 436-3770 or email email@example.com. Dunncreek Advisors does not provide legal or tax advice, nor is this article intended to do s