Mark is a past member of the Board of Directors of the Institute of Certified Financial Planning and of the International Society of Retirement Planning.įind Mark on Facebook at: and LinkedIn at: www.linkedin. He has shared his expertise nationally in interviews and appearances with The Wall Street Journal,, , and Bloomberg Radio, as well as locally on NECN and WRKO. Mark is a former columnist for the Money section of The Lynn Daily Item, a Boston area newspaper, and is a frequent contributor to various newspapers and other periodicals. Mark also hosted “Your Financial Future” on Blogtalk Radio through the Diva Toolbox, where he shared his specific expertise in working with women on financial matters. He was the host of television’s long running program “Your Money Matters,” as well as hosting “Retirement Corner” on WBOQ 104.9 FM and “Retirement Strategies” on WESX 1230 AM radio. Mark is a frequent speaker at events in and around Boston, teaches for the non-profit Heartland Institute as a Certified Financial Educator (CFEd®), and is the founder of the Greater Boston Corporate Wellness Forum.
These systems have become a primary resource for the people who have worked with Mark over the years. He has been The Retirement Guide to thousands of investors for close to 25 years and is the creator of the Retirement Roadmap and the Financial Organizer System, both of which contribute to a solution to investors’ greatest concerns-properly coordinating their financial affairs. So, what you need to do is work out how you're going to do it, because even though it sounds like a lot, it's obtainable.Mark Singer is a CERTIFIED FINANCIAL PLANNER™ professional and the author of "The Changing Landscape of Retirement-What You Don’t Know Could Hurt You". If you can rely on average investment returns of 5 per cent a year, then you'll need a least $1 million to generate that $65,000 income each year in retirement.
So if you factor in a few of these, in addition to allowing for cost of living increases at, say, 3 per cent per year, then you're looking at a number that's more like $65,000 a year for you and your spouse. Finally, it doesn't factor in that you might have a large unforeseen medical expense such as a hip replacement, which could cost you tens of thousands of dollars. It also assumes you own your own home and you don't have any housing costs except for general maintenance and repair. The landscape of retirement has changed so dramatically in the past ten years that it’s time to address the mistakes being made. What it doesn't include are the things a lot of people in retirement look forward to: helping their children with a deposit on a first home, taking multiple trips abroad, treating the grandkids to special gifts for birthdays and Christmases, and actually replacing that car a few times over the course of 20 years.
0 kommentar(er)
