nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
Here is more subtle undermining SS as part of retirement planning.
the-new-retirement-realities-for-generations-x-and-y: Personal Finance News from Yahoo! Finance
One critical statement is
the-new-retirement-realities-for-generations-x-and-y: Personal Finance News from Yahoo! Finance
One critical statement is
Those increased savings will, of course, increase her fees. Why doesn't she encourage her clients to lobby their senator and house rep to promote and protect their SS benefits.So Lynn Mayabb, senior managing advisor with BKD Wealth Advisors, in Kansas City, Mo., doesn't even count Social Security when helping to plan retirement for her clients who were born in or after 1970. And to cover the 25% to 35% of retirement income that Social Security provides for retirees today, she says, we'll need to increase our savings by 10% to 12%.