The 4 Numbers Every Retiree Should Know

If you ask yourself these tough questions now, you'll make things easier on yourself down the road

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The 4 Numbers Every Retiree Should Know

Retirement1 The 4 Numbers Every Retiree Should KnowIf you are a baby boomer and looking forward to retirement, you might want to sit down with a pencil and a notepad.

Retirement is a lot more complicated than it used to be, and not just because retirees in the post-pension era are having to take more responsibility for their investment allocations.

The investing environment itself is shifting — bonds have reached the end of a 30-year bull market, globalization means that events in faraway places have a direct impact on the stock and bond markets here, and Social Security — the single-most important source of income for a majority of Americans — might be facing significant cuts in the years ahead.

So, before you quit your job and venture into the next stage of your life, stop for a minute to consider a set of numbers that could make the difference between retiring comfortably and having to move in with your adult children.

 
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Article printed from InvestorPlace Media, http://investorplace.com/2013/07/the-4-numbers-everyone-planning-for-retirement-should-know/.

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