Retirement

Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.

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Estimate how much life insurance coverage may be appropriate for your situation.

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Estimate the potential monthly income your IRA balance could generate in retirement.

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See how inflation over time could affect the purchasing power of your retirement income.

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See how increasing your 401(k) contributions today could affect your balance at retirement.

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See how your current savings rate and contributions may grow into retirement income.

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Work backwards from your savings goal to find the rate of return you'd need to get there.

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