Your clients (and almost all Americans) strive for a safe and comfortable retirement. Unfortunately, not everyone reaches that goal. It can be hard for clients to know how much savings is enough for a comfortable retirement, and it’s one of the top challenges they face.
But retirement planning shouldn’t be a guessing game.
While relying on any single metric or calculation to evaluate one’s retirement preparedness is never ideal, these four “rule of thumb” metrics below can help you and your clients quickly estimate their ability to retire in comfort.