Quick Tip: Utilized Retirement Simulators

Within investment circles, the 2000’s are known as “The Lost Decade.” During the ten-year period the S&P 500 achieved an annualized return of -.99 percent. This has put many baby boomers behind their personal savings goals. Consequently, investors must now re-evaluate their retirement plans and make adjustments. People may need to delay retirement or reduce their anticipated standard of living. Retirement calculators can provide these insights and illustrate where you currently stand compared to your goals. They can be found online, or a fee-only financial planner can help you with these calculations.