You’ve probably been planning for retirement in some way, shape, or form for many years. Maybe you participate in your company’s 401(k) plan or set aside money in a traditional or Roth IRA. Maybe your employer offers a pension plan. All of those are important retirement income planning actions. As you get closer to retirement, it’s important to plan for your retirement income in specific detail.
- How much money will I have coming in the door every month?
- Will I have enough income to cover my expenses in retirement?
- Is my retirement income guaranteed or could it fluctuate?
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