InfoMay 13, 2017 · Financial
Retirement Blunders Keep Many Professionals Working Longer Than They Want Certified Financial Planning Professional Steve Juetten Says
Career professionals within five years of retirement have some harsh financial realities to face, and that means having a plan to address them, so says Bellevue, WA-based Certified Financial Planner Professional Steve Juetten. A good first step is to make plans to attend a May 23 Retirement Planning Blunders Webinar to sidestep among the most common mistakes and get on the path to a more abundant retirement as soon as possible.Press Release VideoLoading the player...Details(prREACH)
Career professionals within five years of retirement have some harsh financial realities to face, and that means having a plan to address them, so says Certified Financial Planner Professional Steve Juetten.
Among working Americans, 2/3 report they have saved for retirement, but 57% have saved less than $25,000; in fact, 28% have saved less than $1,000 for retirement. Less than half have tried to figure out how much money they need to save for retirement. No wonder that 2/3 plan to work for pay in retirement and 63% believe Social Security will be a major source of income in retirement. Finally, more than half expect to be able to manage in retirement with no more than 70% of their pre-retirement income.
In addition, there are many factors that can make the retirement landscape appear daunting.
- Down investment markets
- Rising health care costs
- Inflation eating away at buying power
- Confusing Social Security options
- Navigating the multi-part health insurance program for retirees
- Taking money out of savings instead of putting money in
- Fewer opportunities to work after retirement than expected
- Taxes on pensions, Social Security and withdrawals from tax-deferred accounts
- Required Minimum Distributions starting at age 70 from tax-deferred accounts
- Managing one's own nvestments can be daunting
Every situation has a solution, Juetten says, and for those getting close to retirement, they need a plan to address each of these.The sooner the planning starts, the better.
Juetten offers a free Retirement Readiness Checklists gift for immediate digital download at www.retirementchecklists.com to guide working professionals within five years of retirement to think through among their top issues and get on the path to proper planning now.
He and his fellow Certified Financial Planner team member Amy Shappell will offer a free webinar on May 23, 2017 at 6 p.m. Pacific to share the 5 Biggest Retirement Planning Blunders Even Smart People Make that Keep Them Working at Their Jobs Too Long ... and What to Do Now.
About Juetten Personal Financial Planning, LLC
The Juetten team is comprised of fee-only financial advisors who act as fiduciaries for their clients. This means they don’t sell any products or receive commissions and always act in the clients' best interests. Clients use the team for two broad areas of help: financial planning and investment management. Clients pay an hourly fee for small projects, a flat fee for projects like a Retirement Readiness Check-Up or a flat annual fee for ongoing investment management.
About Certified Financial Planner Professional and Ditch the Guesswork Author Steve Juetten:
Steve Juetten is a CERTIFIED FINANCIAL PLANNER™ professional and the author of the newly released and favorably reviewed book titled Ditch the Guesswork: Creating Reliable ROI for Time-Starved Investors. He has been advising busy working professionals how to take care of their money so they can do more of what they love since 2002. Juetten has contributed expert insights to Bankrate.com, PBS.com, Forbes.com, MSNMoney.com, FOXBusiness.com, and the Puget Sound Business Journal. Seattle Magazine has awarded Juetten a FIVE STAR WEALTH MANAGER honor for five years in a row based on client votes of satisfaction. To schedule interviews with Steve Juetten, call 425-373-9393 or send email to [email protected] //LinksQuotes"Every situation has a solution," Juetten says, "And for those getting close to retirement, they need a plan to address each of these.The sooner the planning starts, the better."ImagesContact
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