Saving for retirement
- Retirement Plans
- Social Security
- Personal Savings
Many financial gurus believe that you will need a minimum of 70% to 80% of your pre-retirement income to maintain your current standard of living at the time of retirement.
You must also consider health care.
The longer you live, the greater the chance you have at experiencing medical issues.
While Medicare and Medicaid may be available to provide some assitance, they probably won’t be able to cover everything.
Basically, there are three sources of retirement income.
This is a complicated area of law and an attorney should be consulted on all matters relating to bankruptcy. The information on this website is provided with the understanding that the authors and publishers are not herein engaged in rendering bankruptcy, legal, insolvency, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional bankruptcy, insolvency, tax, legal or other competent advisors. While we have made every attempt to ensure that the information contained in this website has been obtained from reliable sources, Credit Advisors Foundation and Arbor Investment are not responsible for any errors or omissions, or for the results obtained from the use of this information.