Name Your Plan – Select Both Retirement Income & Legacy Target
Everyone has retirement goals, but the big question is, are they attainable?
Take the 70-year-old woman I wrote about. She has $2 million in retirement savings, and she’d like to use those savings to generate $70,000 in annual income increasing by 2% a year early in retirement, but still be able to leave her heirs a $2 million legacy at age 90. Can she do it?
