Savings Rate Converts to Retirement Success
Research from the 2015 Lifetime Income Score Report shows that how much you save for retirement is the most important factor affecting your retirement income. In a survey of more than 4,000 people, those who save more than 10% of their income for retirement are likely to replace more than 100% of their income when they retire.
Achieve your goals
Most people can live comfortably on about 75% of their pre-retirement income. But when you're ready to retire, where will that income come from?
Fifth Third securities investment professionals can work with you to help you understand your retirement investment options, ensure that you are satisfied with your asset allocation strategy, and help you find out if you have enough savings.
Keep on track
Market fluctuations, job changes, life happens. Your retirement plan strategy will be affected by these changes and may need to be adjusted from time to time. Make sure you invest in the best retirement plan and take full advantage of your 401 (k) job. To get a quick look at your work, use this retirement plan calculator. It can help you find:
If you save enough?
How much contribution do you have to make each year to achieve your goals?
If you want to convert your retirement account into Rose's retirement account?
To help you figure out what you can afford, invest in, or save for your dreams, use these easy-to-use calculators.
Other web page resource
The Secret to Choosing Where to Retire | Fifth Third Bank: the-real-secret-to-choosing-the-best-place-to-retire