There are many Retirement Calculators out there, insert your numbers and Ta-Dah! The calculator spits out how much money you need to have in order to retire. But these calculators can’t guarantee how much money you will need in retirement.
What chunk of your money will inflation gnaw off throughout your retirement? Are your retirement savings tax free? Or only tax deferred? Will you ever require special medical care? What about assisted living? Or emergencies, or… or… or…
Today on Wealth Talks, Tom and John talk about events that can catch you by surprise in retirement. Don’t trust typical financial calculators to tell you what you “need” to retire on.
Call our office to see how Participating Whole Life Insurance can help you plan for more sustainable passive income in retirement. Call 702-660-7000 or schedule time to Talk with an Agent.