Don’t let these 5 financial hurdles get in the way of your retirement

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If you plan for these retirement hurdles, you’ll be on your way to a more secure retirement! Story from lincolnfingroup

Plan and protect your way to and through retirement!Retirement in America has changed. If you’re hoping to kick back and enjoy your golden years, relying on a pension and social security may no longer be enough to ensure your financial security.

“Market volatility is not something new,” Fuller said. “It’s a reality and something investors need to understand and be prepared for.” “It’s common in retirement planning to make an educated guess as to how much money you might need, without fully understanding the combination of savings and income that are necessary to cover everyday expenses, like your mortgage, utilities and groceries, over a lifetime,” Fuller said.

As uncomfortable as it can be to speak openly and unabashedly about your finances, having a meaningful discussion with your family members is essential to set expectations and make sure that you’re all on the same page.

 

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