Summerlin Benefits Consulting Q&AAnswer
Oct 24, 2024 - 04:15 PM
Determining a good monthly retirement income depends on your lifestyle, location, and financial goals. Many experts suggest aiming for 70-80% of your pre-retirement income to maintain your standard of living. However, everyone's situation is different, and it can be hard to know if you're saving enough. Consulting a financial advisor is a smart step—they can help you assess your retirement needs, create a budget, and plan your income sources, such as Social Security and personal savings, to ensure you have enough for a comfortable retirement.
