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Health & Fitness

How Much Is Enough for Retirement?

50%: People who don't know how much they need to save for retirement

One of the biggest challenges in saving for retirement is knowing and understanding all the facts. For pre-retirees, honestly answering the question "have I saved enough?" is often a good place to start. According to BlackRock's Annual Retirement Survey, 50% of savers indicated that they don't know how much they need to save to support themselves in retirement. Yet, this same 50% believe that they would save more if they knew how much they needed to reach their retirement income goal.

The years leading up to retirement can be among the most anxious, as they are often centered on the critical question of having enough savings. Trigger a productive retirement conversation with CoRI™, retirement planning that is years ahead. Meet CoRI™.

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Source: BlackRock Annual Retirement Survey 2013

http://www2.blackrock.com/

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Prepared by BlackRock

Delivered courtesy Joel W. Grams, CRPC®, CLTC,

Registered Representative, Financial Planner, 212 Capital Group

38 Main Street Suite 360, Westlake Ohio 44145

(440) 835-4501 Ext 17, jgrams@212capitalgroup.com

 

The foregoing discussion is general in nature and not intended as specific advice. New England Financial nor its representatives are engaged in rendering tax, accounting or legal advice. A qualified professional should be consulted regarding the effect of such considerations on the matters covered in this publication.

 

For information on New England Financial insurance or other financial products and services, please contact

Joel W. Grams, CRPC®, CLTC, Registered Representative, Financial Planner with /New England  Financial 38 Main Street Suite 360, Westlake, OH 44145, at (440) 835-4501 ext. 17, jgrams@212capitalgroup.com

www.212capitalgroup.com              

.

New England Financial is the registered mark for New England Life Insurance Company (NELICO) Boston, MA 02116. Securities and investment advisory services offered through New England Securities, Corp. (NES)(member FINRA/SIPC) a Registered Investment Advisor. NELICO and NES are MetLife companies.

 

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