Retirement Planning 101: A Simple Guide to Navigating Retirement - Softcover

McNally, Patrick D.

Softcover

ISBN 10: 172302502X ISBN 13: 9781723025020

Verlag: CreateSpace Independent Publishing Platform, 2018

Inhaltsangabe

Are you retired or getting close? Learn the Secrets to Achieving “Peace of Mind” in Retirement from the Host of the Hit Radio Show“Retirement Lifestyles with Patrick McNally” On News Talk 105.7 fm KQMSLook, there’s a million things you need to do to be prepared for Retirement…Review Social Security benefits, retirement savings accounts, health insurance, just to name a few.But the number one thing Successful Retirees always plan for is…INCOMEThink about it, where’s your paycheck going to come from for the next 30 years, when you are no longer getting a paycheck from a company?It’s going to come from three main areas;1) Social Security 2) Personal Savings & 3) Company Retirement Plans.1) For most people, Social Security will make up approximately 60% of their income in retirement. But did you know that...Your Social Security check is scheduled to be CUT by 23% by the year 2034?That's right... In 16 years or less Social Security will only be able to pay out approxametly 77% of Your Benefits..! (Look on your statement, page 2)Consider This Hypothetical Example...If you're married and have a combined Social Security payment of $4000 per month...You're paycheck could be cut to $3000 per month. Then, when one of you passes away, the survivor will be cut to $1500 per month. (Assuming you both have equal Social security payments)A 67% LOSS OF INCOME.!!!How Will You Replace That Money?2) Did you know that 7 out of 10 households live paycheck to paycheck? 90% of Americans couldn’t afford a $500 emergency without putting it on a credit card. The average American has five credit cards totaling approximately $25,000. Living on personal savings may be a difficult thing to do. Do you have enough in savings accounts?3) By and large, most people will rely on their Company Retirement Plan to make up for where Social Security and Personal Savings leave off. But how much can you afford to withdraw from your retirement accounts each month? And, what if the market crashes... 10%... 20%... 30% or more? Can you just STOP taking withdrawals? If the market dropped 25%, you would need a 34% return just to get back to EVEN...!A 30% drop? You would need a 44% return to just break even..!And a 50% drop...? You need a 100% return just to get your account balance back to it's beginning value.Do You Want To Rely On Wall Street For Your Income?Some of the questions you need to ask yourself are; How much Income do I need in retirement? Where is my Income coming from? How much Income can I take from my Retirement account each year? How can I avoid running out of Income when prices rise in the future? How much risk can I take with my investments? What if the Market Suddenly Drops? Will I make it back?Did you know that...“The Number One Fear in Retirement is… Running Out Of Money. “So, How Do Successful Retirees Answer Those Questions, and Live a Stress Free Abundant Retirement?Simple… They have a Clear, Written, Formal Income Plan in place. A plan that strategically maps out where their income is going to come from over the next 30 years.A plan designed to weather the ups and downs of the market.A plan with a guaranteed income component.A plan that is adjusted for inflation.A plan designed to never run dry… But most importantly, a plan designed to give youPeace of MindWant to learn how to build a plan like that?Get copy of my “Retirement 101, A Simple Guide to Navigating Retirement”.I’ll Teach You How To Build An Income For Life Plan. The exact same plan that has allowed retirees from all over the United States to... -Live the abundant retirement lifestyle of their dreams -Eliminate the worry of running out of money -Setup their investments to provide predictable Income -Create a personal pension -Keep pace with the rising cost of livingDon't Wait..!Get your copy today!

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Über die Autorin bzw. den Autor

Patrick McNally and his firm Retirement Lifestyles Advisory Group have over 18 years of experience in the financial services industry. Patrick’s passion and commitment to teaching consumers about personal finance and retirement planning has established him as one of the most popular and accessible financial planners in Northern California. Patrick Specializes in creating retirement income plans for people who are close to retiring or who are already retired. He continually educates retirees and employees all over the State of California by offering, public seminars, workshops and online classes. Patrick graduated from San Diego State University in 2000 with a degree in Economics. Patrick has been the host of Northern California’s Hit Radio Show “Retirement Lifestyles with Patrick McNally” for over 7 years. You can listen to him every Saturday morning at 9am on News Talk 105.7 FM KQMS. He is also the host of the local PBS Television Show “Retirement Lifestyles with Patrick McNally” on KIXE channel 9. Patrick lives in Redding, CA with his beautiful wife, and two young children. As a family they enjoy being active in their local church, traveling, and spending time with friends and family. They stay physically fit by participating in Crossfit and enjoy everything outdoors including boating, camping, hiking, fishing, hunting, snow skiing and especially golf.

Details zur Ausgabe

• Verlag: CreateSpace Independent Publishing Platform
• Erscheinungsdatum: 2018
• Sprache: Englisch
• ISBN 10: 172302502X
• ISBN 13: 9781723025020
• Einband: Taschenbuch
• Auflage: 1
• Anzahl der Seiten: 148
• Kontakt zum Hersteller: Manufactured by Amazon on behalf of the author; https://www.amazon.de/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxemburg