Posted By Irene C. Olszewski, Esq. on October 24, 2012
The U.S. Department of Labor reports that the average American will spend an average of 20 years in retirement! That’s a long time to have to support yourself without employment. It is estimated that you will need approximately 70% of your preretirement income in order to survive. Retirement planning is not only important, it’s critical.
Here are some resources to help you properly plan for retirement:
Top 10 Ways to Prepare for Retirement [U.S. Department of Labor]
Tips for planning your retirement [CNN Money]
And while you’re at it, you should be thinking about what happens to your assets after your death. To that end, you should speak to your lawyer about drafting a Last Will and Testament. For more information, feel free to review some of my posts on this blog about Wills.
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Disclaimer: The information, comments and links posted on the blog do not constitute legal advice. I will not respond to any specific legal questions in the comments section of this blog. Read my entire disclaimer.
copyright 2012 Irene C. Olszewski, Esq.