Tuesday, October 1, 2019

Are You Retiring…Ever?

A wise person once said, “don’t expect to live off of your social security when you retire”.  Truer words were never spoken.  If you are past 50 and retirement is more than some down the road dream, it’s time to get serious!  The 50s are crunch time for saving for retirement.  If you set a retirement savings target but have been neglecting it, you need to dust it off for review.

As Dick Bellmer, the recent president of the National Association of Personal Financial Advisors put it “You should be looking at your plan periodically, at least every three years”.  Set realistic goals.  Tackle your current debt (ie: your mortgage).  Create a health savings account.  Generate income beyond your investments.

And…hire a great retirement planner to help you manage your goals.  Having plans without professional help is a little like asking a quarterback to win the Super Bowl without a coach!  The right person for that job in Las Vegas may very well be CPA Michael Mathews.  Why not make an appointment at his Regatta Dr. office and discuss it?  Just call (702) 240-5237.

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