Is Time On Your Side?

Have you started to save for retirement or have you at least started planning? 

Getting started today will help you put time on your side. A simple approach to take to determine where you are from retirement is to divide your total retirement saving by 25.  This amount will tell you what your retirement income would be if you were to retire today.  Another approach is to determine your absolutely minimum that you could live on today and use that figure to divide into your total retirement saving.  This amount will tell you approximately how long your retirement savings will last you.

Example. If your total retirement saving is $500,000 and your annual income needs to be $50,000, your savings will last approximately 10 years.  Scary!

So what is the answer to this scary dilemma?

New Leaf Financial proprietary strategy will help your create a very conservative plan that could potentially provide the answer to your problem.

Are you behind on saving for retirement?

Even if you don’t know what counts as "behind," you're likely to need to step up your efforts to build your nest egg. A June 2015 Government Accountability Office analysis found that that average Americans between the ages of 55 and 64 have accrued about $104,000 in retirement savings. Sound like a lot? Not when you realize that sum would translate into a $310 monthly payment if your money were invested in a lifetime annuity.

This is what we meant by scary!

A lifetime annuity is great as it provide a level of security for your retirement savings.  Most annuity will not expose your money to the risk of market forces.  However,  New Leaf Financial multifaceted approach are proving to provide savings preservation and growth to ensure quality of lifestyle in your golden years.