Facts About Retirement

Connected puzzle pieces labeled with the words "retirement" and "savings".

What does retirement mean to you? Is it a time to start up your dream business venture? Or maybe travel and spend time with your family?

Regardless of your plans, most individuals want the chance to take it easy after years of hard work.

In many cultures and areas, the standard retirement age is considered to be 65 years old.

It’s interesting to know that every day for the next 20 years another 8,000 individuals will turn 65. That is about 1 person every 10 seconds!

In the year 2013 14% of the population in the United States was made up of those who are 65 and older, and it’s estimated that by the year 2030, they are expected to make up more than 20% of the population!

Interestingly this group owned 31% of the US’s financial assets in 2001 and they are expected to hold 44% of the country’s financial assets by 2040.

If you are part of this group, or will be soon, you can see that you’re part of a large and influential group of people!

What will you do for your retirement when that time comes? Have you made arrangements for the future, for your healthcare, housing and income? Do you feel comfortable with the plans you have in place?

As a member of this influential part of our society, the choices you make now to plan for your retirement can make a difference in the abilities you will have to utilize these years when the time comes!

If you have an uncertainty about your decisions, contact us today so that we can help you develop a solid strategy for the future!

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