Ask Terry Questions Retirement

Retirement

By Terry Savage on December 23, 2018 | Financial Planning / Retirement

I am 66 and reached my full retirement age. I will retire 67. My wife will continue to work ,she is only 62. We have 750 k in savings. How much is enough ? We still have about 130k mortgage and hardly any credit card debit.

Terry Says

This is why Certified Financial Planners — fee-only — exist!  To look at your entire picture — not only investments, but budget, withdrawals, insurance needs 9including long term care) and taxes.  They will help you make a plan that works for YOU.  It’s not just a magic number.

To find a CFP you can trust, who agrees to put your interests first and fully disclose all fees and costs, go to www.Wealthramp.com.  And first, read this column I wrote about this service recently.

Recent Financial Planning / Retirement Questions

money

ASK TERRY

a personal
finance question