Monday, September 3, 2007

Retirement money: How much is enough? Will you have enough?

Why do you go to work every day? Most people work to pay for everyday necessities. Some strive to build a business or an estate that will survive them. Others want fulfillment derived from meaningful work. But for many, the overriding goal is to provide for a comfortable retirement.
Achieving that goal requires continuous planning during your working years. The foundation of a prosperous retirement rests squarely on the four sturdy pillars of a) Social Security, b) company pensions, c) private pensions and d) your savings. On its own, none of that pillar will provide you with a lavish lifestyle. Combined, they should provide more than enough income to cover your needs, splurge on some nonessentials and generally pay your own way regardless of inflation.
Planni View the rest of this article


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