What is a good retirement income

What is retirement income - Life has a way of throwing curveballs when you least expect them and there are so many unknowables like how long you will live and what the markets will do that you need to reassess your plan often as you approach retirement—while you still have time to change your savings patterns and choose to work longer if you must. "people do not plan properly for income in retirement because they don't really think about social security properly, they compartmentalize their assets, they don't think about how everything they own can create income, they fail to appreciate the power of leverage in retirement. For example, family vacations and a grandchild's wedding gift count the same as dental surgery and car repairs in retirement planning, but people neither include these enjoyable expenses when they are projecting their costs nor do they recognize how hard it is to cut them. Many americans, stepping away from a career and giving up a salary, and committing to a fixed source of income and whatever savings you have can be a difficult transition, but how much money should you expect to live on in retirement?

5 Ways To Generate Retirement Income

Generating retirement income is crucial for most retirees. To download your free e-book "How To Avoid Annuity Traps" click here: ...