Timing is Everything

“35% of Americans over 65 rely completely on Social Security.” – U.S. Census Bureau (July 2014) Approximately 96 percent of American workers are covered by Social Security, and many more, including non-working spouses, are eligible for payments. In addition, around 40 percent of the average retiree’s income in the United States comes from Social Security. … More Timing is Everything

The Retirement Equation

TOTAL CONTRIBUTIONS  +  INVESTMENT GAINS  –  WITHDRAWALS  =  BALANCE AT RETIREMENT A 2014 study by MFS surveyed 1,000 defined contribution plan participants in the U.S. between the ages of 20 and 69 who are employed and have at least a $1,000 balance in a plan with their current employer. They asked questions about total contributions, … More The Retirement Equation