Prepare for Individual & Family Retirement in Las Vegas with 401(k), Annuity or IRA Protection
#InvestingMadeEasy with Individual Retirement Accounts
What Do You Need to Retire… and Retire Well?
Most people feel uneasy when it comes to retirement planning. There is a great deal of fear, uncertainty, and doubt about today’s economy, so how do you plan for an unknown future? If you feel lost, you are in good company. Most people have limited plans and savings, and about 25% of median income households admit they do not know how to achieve their financial goals at all. The rule of thumb is to plan for 80% of your current wages during retirement to maintain your current lifestyle, but most are woefully unprepared. 43% of Americans have less than $10,000 in retirement savings, and a frightening 29% of workers over age 55 have less than $10,000 in their retirement savings (learn more).
You Have to Prepare to Make the Golden Years Pay for You
So how do you get ahead for retirement? Well, according to recent census data, about 51% of all workers participate in some form of retirement plans like a 401(k) or annuity, and 41% of households participate in an IRA plan. However, many simply save, but this is getting harder to do. In fact, 38% saved less in 2010 and 35% did not save at all. Wouldn’t it feel better to know when and how you can retire? Get help with planning your retirement today!
What to Look for From Your Retirement Advisor
You need a trusted, local advisor to help you identify your individual & family retirement goals and select a product that meets today’s budget and tomorrow’s plans. Get help with selecting a product to make retirement a reality sooner and to help you navigate the thousands of complex products to find what works for you among these popular solutions:
- 401(k) – A financial product that allows you to save for retirement pre- or post-tax with savings invested while deferring current income taxes on the saved money and earnings until withdrawal
- Annuity – An investment security that you pay money in to for a set period of time, and once you reach a certain date you start to receive regular payments for a set period of time, often times for the rest of your life!
- IRA – An individual retirement account or IRA, which is a trust or custodial account set up for the exclusive benefit of you or your beneficiaries, or an individual retirement annuity, by which you can purchase an annuity contract or an endowment contract.
If these solutions difficult to understand, never fear: the right retirement advisor will help you to make sense of the options and develop a plan for success.
Nevada Benefits is your local, affordable, independent insurance and financial services team. Request your Free Financial Fitness Analysis today, call us at 702.258.1995 (Vegas) or 775.300.7997 (Reno), or email us to plan the retirement you want and deserve!