The question everyone has about retirement is how much am I going to need? A million dollars seems like a magic number, but how long will it actually last you? We’ll go through a recent Yahoo! Finance survey and discuss how we help clients determine that number for their retirement.
A sound financial plan will generate income throughout your retirement. However, if your portfolio is solely linked to the stock market, you could find yourself without a paycheck during a market correction. Develop a volatility buffer that will protect your income needs.