But in reality, there is often a disconnect between “desired” retirement dates and the actual realistic target date for retirement. It isn’t always the easiest question to address, but the reality is that life expectancy plays a major role in our retirement planning projections. If you are just not quite sure the age that works best for you or your retirement date is a moving target, you can use a few different retirement scenarios to compare your options for each realistic retirement date. It is no surprise that retirement planning remains the top financial planning priority for many American workers. However, the retirement planning process can be a little less daunting of a task if you simply focus on these five questions.

Source: Forbes September 09, 2018 17:15 UTC