Planning For Stages of Retirement

Most of us know that retirement is something we must actively plan and save toward. Social Security alone isn’t enough, and traditional pension plans that pay lifetime defined benefits are becoming increasingly scarce. Yet the majority of Americans typically don’t know how much to save and don’t save enough, according to numerous polls and experts.

Moreover, retirement today is more than just a matter of accumulating enough money. Increasing life expectancy has made retirement an extended stage of life. People can expect to spend 15 to 35 years or more in retirement. That’s a long time. What kind of retirement do you want to have? How should you spend money during retirement? How can you prepare for it and when should you start?

The following brochure, prepared by the Financial Planning Association (FPA), addresses various stages of retirement planning, from starting out in the workplace to living after work, in order to help you achieve your dream of a comfortable, fulfilling, financially secure retirement.

+ Getting started… Your 20s and early 30s

+ Working on it…Your 30s through your 40s

+ The home stretch…Your 50s and 60s

+ Retired at Last…