Retirement Advisors: Friend or Foe?
While planning for retirement may seem daunting, you don’t have to navigate it alone. Hiring a retirement advisor can provide valuable assistance in creating a retirement plan and ensuring a sustainable income.
While planning for retirement may seem daunting, you don’t have to navigate it alone. Hiring a retirement advisor can provide valuable assistance in creating a retirement plan and ensuring a sustainable income.
Many believe they do not earn enough to save adequately. According to official data, American households’ average yearly pre-tax income is $87,432. Extend this over 30 years, and you can understand why, based on current income levels, some experts recommend saving at least $1.5 million for retirement.
Asset allocation seeks to diversify your retirement account by distributing it among equities, bonds, and cash.
To grow wealth and accomplish retirement objectives, consider these five asset allocation tips.