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Easy calculation to see if you are on track for retirement. Six questions/answers will let you know. FIND OUT NOW!

By
Mortgage and Lending with Seacoast Mortgage Corporation, RI (20021119LB & 20031576LL), MA (MC2107) & CT MLO 10920

 

DO YOU KNOW IF YOU SAVED ENOUGH/ARE SAVING ENOUGH FOR RETIREMENT?

If the answer is "no", you should find out NOW so you know what you need to do to accomplish retirement.  There are many websites you can use to help you calculate YOUR retirement requirement.  Here is one from Bank of America that is very easy to use:

 

http://ira.bankofamerica.com/calculator/Default.aspx?section=calculator&subsection=content&bhcp=1

 

Once you plug in your numbers, the "Retirement Calculator" will show you how much more you need to save OR if you saved "too much", God Bless YOU!  You have done well.  If you are not so fortunate, do NOT despair.  The next step is to figure out how to attain your goal.  If you need help, which most people do since we are all busy in our lives, please meet with a financial professional.  Ask friends who they use.  OR ask your CPA, attorney, someone you trust.  Do NOT look through the yellow pages.  You want someone PROVEN and referred by someone you trust!

 

So, get started!  Today is the start of building your wealth so you CAN retire comfortably.

Ann Sabbagh

Vice-President

Seacoast Mortgage Corporation

508-243-1190

Please visit my website: www.annsabbagh.com

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about your financial strength."

 

Posted by

Ann Sabbagh, President

"The BEST compliment is a client referral: Thank YOUUU!"

Seacoast Mortgage Corporation

401-305-6906 or 508-243-1190

Residential & Commercial Financing

MLO10920

RIAR: teacher for "The Mortgage Course"; "Valuation of Commercial/Investment Real Estate"; "Reading Financial Statements"

 

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about YOUR financial strength."

Comments (3)

Epcon Communities Epcon Columbia
Epcon Columbia, SC - Columbia, SC

Good post and something not a lot of people think about.  We should all be saving more.

Oct 21, 2009 12:30 PM
Gene Allen
Fathom Realty - Cary, NC
Realty Consultant for Cary Real Estate

I don't know if enough is ever enough.  It seems to disappear no matter where you put it.

Oct 26, 2009 01:13 PM
Greg VanLaere
Danville, IN

We can get very tied up with day to day operations, that we forget that there is something floating out there somewhere in the future that we DO need to plan for.  Good Post!

Nov 06, 2009 11:03 PM