Will you be able to retire comfortably someday? Many Americans dream of a happy and financially sound retirement, but a recent survey shows that a growing percentage fear this might be unattainable. In the recent Wells Fargo Middle Class Retirement study some pretty startling numbers were reported. Over a third of those surveyed said that they will “never retire, but work until I’m too sick or die”. However, only 30% could say they have a retirement plan.
So to answer the question, “Will you be able to retire comfortably?”, our answer is yes, but you’ll need some kind of an investment strategy to do so. We understand that saving can be tough with bills to pay and other expenses that come up, but in order to feel comfortable about retirement you need to be actively saving. Actively saving can mean a certain percentage of your pay check or even $100 a month. Saving anything is better than saving nothing at all.
You can learn more about our investment strategies here at Mullooly Asset Management by visiting the point and figure section of our website or by giving our team a call today!