Is your anticipated retirement date within 5-10 years?

If so, you have probably imagined how you would like
to spend your "golden years".

Thinking about retirement is often difficult. It is hard to be concerned about what will happen 20 to 30 years in the future, while you are stretching your resources to meet your needs today. It is however, critical to think about how you will support yourself (and your spouse) during retirement. With people living longer, you may wind up spending as much as a third of your life in retirement. The first step is often looking at your potential cost of retirement.

Wouldn't it be nice to know if you are managing the balancing act between your resources and your time?

Did You Know? 

It does not necessarily cost less to live during retirement. While for some it may be true that they will need less money in retirement, it is not always the case. Health care costs, entertainment and travel expenses are examples of living expenses that can be expected to go up, not down, during your retirement years.

How High Can Your Expenses Grow? 

The chart below illustrates the mounting costs of retirement, showing how one's annual expenses can easily triple during retirement with just normal health care and cost of living adjustments.