Saved Enough for Retirement? Well, That Depends

    | January 22, 2020

     

    You can't just target a $1 million or $2 million goal, because if you're a big spender or a penny pincher, that figure could be way off what you really need.

    People frequently ask me how much money they’ll need to retire, as if there’s a one-size-fits-all dollar amount.

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    PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.

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