Retirement is a whole new stage in your life, and it should be on your terms. It takes careful financial planning for your dreams to be realized but we're here to help you 'Live for Today, Plan for Tomorrow.'
Similar to when you should retire, there’s no hard and fast rule on the dollar figure you need. It depends on factors like what you want to do, where you want to live and the lifestyle you want. It can help to think of what percentage of your income you want to replace when you retire.
It’s also important to keep in mind the length of your retirement. You may need to plan for 20-30 years of retirement or more since we’re living longer. So, when you’re analyzing how long your savings will last, it’s a good idea to over-estimate the length of your retirement to ensure you’ll have enough. With thoughtful planning, the life of a retiree can, and should, be everything you want it to be.