Most people never consider their retirement income until they are near retirement age as defined by their
employer or social security. If your wealth at the time you plan to retire is less than you need, you are faced with several
unpleasant options:
OPTION 1: You can defer your retirement to an older age and keep working
(Assuming you are in good health).
OPTION 2: You can change your retirement plans so you can "get by" on
whatever retirement assets and income are available to you (Many people move to a place with a less expensive cost of living
or move to less expensive housing).
OPTION 3: You can move your retirement funds into investments that have
more risk and pay a higher return. However, if you choose the wrong investments, you could lose the assets you have and be
forced into an even more uncomfortable situation.
A complete review of your retirement plans, by a qualified financial planner, will give you
peace of mind that you are making the best possible use of your assets and resources so those assets and resources will be
able to provide financial security for you and your family.
