Transforming 401(k)s into Automatic, Flexible Retirement Income

Many Americans fear running out of money in retirement due to a lack of savings, and many don’t know how to determine how much of their retirement funds they can afford to withdraw each year. In a 2019 survey by the National Institute on Retirement Security, 73 percent of Americans said they don’t have the financial skills to manage their money in retirement and 79 percent of retirees said they lacked the investment skills to ensure their retirement savings last throughout retirement.

Source/more: MarketWatch/NextDoor

 

For a complete list of upcoming seminars, visit our website at www.davidwingate.com.

Peace of mind is only a call or click away! For an Initial Consultation call Estate and Elder Planning by David Wingate at (301) 663-9230 or visit www.davidwingate.com

David Wingate is an estate planning and elder law attorney at Estate and Elder Planning by David Wingate. The Estate and Elder Planning office services clients with powers of attorneys, living wills, Wills, Trusts, Medicaid and asset protection. The Elder Law office has locations in Frederick, Washington and Montgomery Counties, Maryland.

Notice: this Blog is published as a free service of the Estate and Elder Planning by David Wingate. The information is for general informational purposes only and does not constitute legal advice. For specific questions, please consult with one of our experienced attorneys. We encourage you to share this newsletter with anyone you think may be interested.

Posted on: No Comments

Leave a Reply

Close
loading...