The amount you will need in retirement depends on the age you plan to retire, your desired retirement lifestyle, how long you expect to live and the rate of return that you expect to earn on your investments. Social Security and employer-sponsored pension plans will probably provide less of what you will need than they did for your parents.
Consideration should be given to one or more of the following strategies when trying to maximize your retirement income:
Clearly prioritized retirement goals and objectives
Retirement at a later age
Spending less during retirement
Invest to earn a potentially higher rate of return on investments while still feeling comfortable with the level of risk involved
Liquidation of non-cash assets
Maximize contributions to qualified retirement plans
Andrew Bondar is also separately registered as an investment adviser represantative "IAR" under Eagle Strategies LLC, a Registered Investment Adviser, offering advisory services in the states of CA and OR. As such, these services are strictly intended for individuals residing in CA and OR.
Andrew Bondar is an agent licensed to sell insurance through New York Life and may be licensed with various other independent unaffiliated insurance companies in the states of CA Insurance License #0B81403, and OR. No insurance business may be conducted outside these states referenced.
Andrew Bondar is a Registered Representatives of and offers securities products & services through NYLIFE Securities LLC, Member FINRA/SIPC, a Licensed Insurance Agency, 4366 Auburn Blvd. Sacramento, CA 95841 (916)483-0300. In this regard, this communication is strictly intended for individuals residing in the states of CA and OR. No offers may be made or accepted from any resident outside the specific states referenced.
Bondar and Associates is not owned or operated by NYLIFE Securities LLC or its affiliates.
Eagle Strategies LLC and NYLIFE Securities are New York Life Companies.