Prioritizing Your Retirement Needs, Part II

In the first part of this article, we discussed several elements that often comprise the shape and tone of a retirement picture, and stressed the importance and absolute need to put some serious thought into how important each element is to you.

With the guidance of the Insured Retirement Institute's (IRI) “Retirement Expectations Checklist,” we have already explored several needs you must weigh as you think about and ultimately set into motion a solid and realistic plan. But we also acknowledged that determining how much you would need to save — and later, to earn — to reach your retirement number, how old you wanted to be when you left the workforce, how you planned to treat investments were just the beginning of several considerations you must ponder. And just for perspective, we noted how the baby boomer generation weighed in on the importance of these topics. In keeping with that tradition, we'll now list a few more issues for you to place in your retirement picture — you just need to determine how prominently featured they will be.

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