Life is full of transitions.
Financial Focus helps guide you through the transitions that lie ahead.
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Financial Focus, LLC |
People are living longer these days and often enough Social Security benefits coupled with pension payments are an insufficient source of funds for retirement. As a result, you should start saving for retirement earlier rather than later. In fact, the sooner the better! The traditional rule of thumb states people need 60 to 80 percent of their pre-retirement income to maintain their lifestyle after retirement. But even that amount may not be enough if you plan to travel or anticipate high medical costs, especially if you are retired for a long period of time. Retired persons are commonly retired for 25 years or more now and planning for that large stage of your life requires a great deal of time and effort. Most important, our planning begins with your desire to create your preferred future.
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