Planning your retirement is only as good as your answers to three questions... http://boston-elder-law-attorneys.blogspot.com/2012/03/three-important-questions-for.html
1. Three Important Questions for Retirement Planning; Part I
You’ve seen “retirement calculators” time and time again on different websites leading you to believe
that if you were to save a certain amount of money you would be able to retire comfortably.
Unfortunately that’s not always the case. Planning your retirement is only as good as your answers to
three questions:
How long might you live?
How well (or not-so well) will your investments work out?
How much money will you require to live comfortably until you die?
Your life expectancy; Elder Law Attorney Cohen & Oalican
Retirement planning would be a lot easier if you knew how long you were going to live for. That’s
obviously never the case. Fortunately, there is an insurance called an immediate annuity which allows
you to never run out of assets, however long you live. Of course, just like anything that sounds too good
to be true, there are setbacks, so talking to an elder law attorney would be a smart idea.
Your asset protection plan; Boston, Raynham, Andover Massachusetts
To stay on track with your asset protection plan you must always monitor your investments and adjust
to market changes. You may have to save more and/or work longer than you originally thought when
you first started thinking about your retirement plan. Attorneys Cohen & Oalican specialize in helping
you protect your home and protect your spouse.
To be continued…