How Do I Determine If I Have Saved Enough to Retire?

By Dale Maley

Many people are wondering if they are saving enough for retirement. Younger people want to know how much they need to save for retirement. Those people close to retirement want to know if they have already saved enough to retire. This short story identifies the basic retirement planning process with specific examples. You can determine whether or not your retirement plan is on track or not.

• Language: English
• Publisher: Dale Maley
• Release date: Jul 10, 2010
• ISBN: 9781452337050

Dale Maley

Dale C. Maley is the author of the 19999 book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros.He is also a contributing author to Chapter 18 Seeking Help from Professionals in the 2009 book The Bogleheads Guide to Retirement Planning.He is a very successful private investor who has been a student of Financial Planning and Investing for over 30 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 32 years. His accomplishments as an engineer include the granting of 16 U.S. Patents and authorship of over 500 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers.He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning.He is also a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990.Dale became a Registered Financial Advisor in the State of Illinois in 2006 and is currently launching his business as a fee-only financial planner. He is President of Maley Financial Planning LLC.

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How Do I Determine If I Have Saved Enough to Retire?

by

Dale C. Maley

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How Do I Determine If I Have Saved Enough to Retire?

Copyright © 2009 by Dale C. Maley

All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.

Q: What areas of investing have you been exploring since the publication of your book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros?

A: The last few years I have been exploring all aspects of retirement planning. Many people are wondering if they are saving enough for retirement. Younger people want to know how much they need to save for retirement. Those people close to retirement want to know if they have already saved enough to retire. This story identifies the basic retirement planning process with specific examples of four different groups of people.