Why do we get up everyday and “go to work”? Why do we save money? What is our most important long-term financial goal? For most people, the answer to these questions is the same, so that we can “retire”, or for others, “so that we can become financially independent”, meaning that we work because we want to, not because we have to.

In either event, it takes a certain amount of capital to do so. How much? That is a difficult question to answer, especially because everyone is different. What is the same; however, is the methodology used to determine how much "capital" is required and which strategies are the most efficient for saving for retirement.

In the past, it was not uncommon for our parents or grandparents to work for the same company for their entire career and retire with a monthly pension, a dinner, and the proverbial “nice watch”. Of course, this trend has changed dramatically over the years, as it is not unusual for an individual to change jobs several times over a career. In addition, the companies they work for have shifted the burden of saving for retirement from the companies to the employee. The companies may “chip in” by making “matching contributions” to the company 401(k) plan, or year-end profit sharing contributions, but for the most part, saving for retirement is now YOUR responsibility.

The good news is that the retirement planning specialists at Lane Bridgers Schill help people everyday plan for their retirement. We help answer questions such as the following:

• How much will I need to save for retirement?
  
  
• Do I have enough for retire now?
  
  
• How much longer will I need to work?
  
  
• How can I save for my retirement?
  
  
• Could I afford to buy a vacation home, if so, how does that affect my retirement plans?
  
  
• Am I too conservative or aggressive with my investments?
  
  
• What’s better for me, a traditional IRA or a Roth IRA?

We welcome an opportunity to help you plan your retirement. We have a “state of the art” retirement planning software program that can accurately assess your situation using reasonable assumptions and let you know if you are “on track”. If you are great, if not, we can help put you “back on track” to a comfortable and secure retirement.