How do you begin the process of creating this type of plan? A good place to start is by asking yourself what kind of lifestyle you’d like to lead and how much after-tax income it will require. If you’re comfortable with your current lifestyle and budget, use this information as a basis for comparison.

Two of the biggest fears pre-retirees face is lacking enough income for a comfortable retirement and outliving their savings. It doesn’t have to be that way. A tailored financial plan tells you where you stand right now and helps you shape a financial future that leaves nothing to chance.

Johnson Brunetti can help you determine how much retirement income you’ll have and whether the amount will be suitable to support your chosen lifestyle. We’ll look first at your sources of guaranteed income, like Social Security and corporate pensions, then calculate the income with a reasonable rate of return that your personal savings can provide.

If you have an income shortfall, you’ll know and can take the appropriate action. If you have more than enough income – and many people are surprised to find they do – you can decide to retire sooner than you expected and lower the investment risk you take. In short, Johnson Brunetti can simplify the planning process and create an easy-to- understand, actionable plan (our one-page Money Map Plan) that can address all the essentials for a financially secure retirement— how to save, how much to save, how to pay off debt, how to generate income from your savings, how to make the most of guaranteed income sources, like Social Security and ways to make your money last a lifetime.