Thursday 11 December 2014

Have a Better Plan to Retire Well

When it comes to planning a better retirement life, financial security is the prime thing to consider. It needs proper planning, die-hard commitment and of course a lot of money. An average American spends more than 20 years in retirement, for which he/she will going to need a strong financial support. That’s why, Savings always matters.
 
If you already started saving, then keep saving. If not, then start now. Start from a small amount and increase it month by month. The sooner you will start, the better result you will get in future. Add up sources for a guaranteed retirement income like pension and social security. Make a list of required spending needs and compared with your projected guaranteed retirement payments. If they match, then it’s ok. Otherwise it will be a worse case for you. You will have to maintain a lifestyle which suits your retirement payments. If you want a guaranteed lifetime income, then purchase an immediate annuity or longevity annuity plan. It will reduce your savings but provides you a guaranteed regular income in your retirement life. Keep aside a smaller portion of your savings for healthcare and other unanticipated emergencies. You also can take help from a Fidelity NetBenefits account.

Fidelity Investments is one of the largest multinational mutual fund and financial service group of the world founded in 1946 by Edward Johnson II. Fidelity helps people to plan their future retired life and achieving their retirement goals. Fidelity NetBenefits is a service of the Fidelity group which will guide you to your future savings and investment goals and also helps to develop income plans for retired life. It’s easy, just create an account at Fidelity NetBenefits and manage all your retirement accounts, review your investments and explore new online resources with the use of simple planning tools for a bright and happy retired life.

At The Retirement Group, we have a team of well experienced professionals to help you in your retirement planning. Call at 800-900-5867 to speak our customer care executive, otherwise you also can check our website for further details.