Leonard F. Berg, Attorney at Law
Call Today To Schedule A Consultation
888-353-6236 Toll Free
618-216-6681 Local

You can act today to plan for a strong retirement tomorrow

Retirement is part of the American dream, and you have worked many years to save and plan for the future. It is impossible to predict what will happen in the months and years ahead, making it crucial to have a strong retirement plan and other legal protections in place that you can adjust as necessary, as life changes and unexpected contingencies happen. 

You may be close to retirement or may have many years, even decades, of work ahead of you, but that does not mean that you cannot plan for a strong future. There are steps that you can take today to make sure that your tomorrow is secure, transitioning to a sustainable, comfortable retirement. 

What should I do to plan on a strong retirement?

You know how important it is to start planning on retirement as early as possible in your career. It is never too early to start thinking about important life transitions, and the earlier you start this, the more you can save and invest for your future benefit. Some of the most practical steps that you can take as you look toward your retirement include the following:

  • Decide at what age you want to retire
  • Determine your desired lifestyle
  • Choose where you may want to live
  • Calculate how much money you may need to live comfortably
  • Start investing in the appropriate types of accounts

Even the smallest of steps can pay off significantly in the future. Saving and planning now is critical, and having a plan in place as early as possible in your career can help you avoid complications. As you think about retirement, it is also wise to make the effort to draft the legal documents necessary to protect both yourself and your Illinois loved ones.

What about Social Security?

In your effort to plan for a strong retirement, you may also consider your ability to draw Social Security benefits in the future. In order to effectively build this consideration into your retirement plan, you will have to determine the following:

  • Calculate how much you may receive in SS benefits
  • Decide when you should start collecting these benefits
  • Decide if you should delay in receiving these benefits

Planning for retirement is not an easy process, and there are many things you would be wise to consider as you think about the future. Many people find it beneficial to seek guidance as they make important decisions and lay the groundwork for a strong financial future. Through retirement planning, having an updated estate plan in place and planning for the care of loved ones, you can look to the future with confidence.

No Comments

Leave a comment
Comment Information
Schedule A Consultation

Contact Our Skilled Attorneys Today Contact us online, or call 618-216-6681 or toll free at 888-353-6236 to arrange a consultation with our experienced East Alton estate planning lawyer today. We serve clients across the Metro East and the Illinois River Bend.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

625 S. Bellwood Dr.
East Alton, IL 62024-2105

Toll Free: 888-353-6236
Phone: 618-216-6681
Fax: 618-258-7301
East Alton Law Office Map

Leonard F. Berg, Attorney at Law