{"id":2700,"date":"2022-04-28T21:24:42","date_gmt":"2022-04-29T01:24:42","guid":{"rendered":"https:\/\/www.thewealthguardians.com\/staging\/3023\/?p=2700"},"modified":"2022-04-28T21:24:42","modified_gmt":"2022-04-29T01:24:42","slug":"build-it-from-the-ground-up","status":"publish","type":"post","link":"https:\/\/www.thewealthguardians.com\/staging\/3023\/build-it-from-the-ground-up\/","title":{"rendered":"Build It from the Ground Up"},"content":{"rendered":"

<\/p>\"\"A Blueprint for Retirement<\/em>\n

A comfortable and worry-free retirement is the goal of many Americans. However, the biggest obstacle in attaining that goal is that many people tend to procrastinate and avoid thinking ahead to formulate a plan of action. As a result, many are left scratching their heads, with little time on their side. How will they attain the funds needed to enjoy their retirement years?<\/p>\n

It\u2019s never too soon to begin giving thought to your retirement. Planning for retirement has become a more difficult task. Therefore, it\u2019s important that you plan well in advance.<\/p>\n

Invest for a Future Lifestyle<\/em><\/strong><\/p>\n

Although pre-retirement and post-retirement investment portfolios should each have both income and accumulation aspects, your pre-retirement portfolio should be more heavily weighted toward accumulation for later use.<\/p>\n

Proceeds from pension plans and Social Security may account for as little as 35% of the typical retiree\u2019s income. Another 25% may be derived from earned income\u2014either full or part-time employment. In order to retire comfortably, the remaining amount needed would have to come from your personal retirement savings or investments.<\/p>\n

The amount needed to fill this income \u201cvoid\u201d will depend on the amount of Social Security you will receive and what income you will have from other sources such as a company pension plan or your own Individual Retirement Account (IRA). That is why the steps you take today (investing, diversifying, increasing already existing investments, etc.) will be vital to help fill this gap and secure a comfortable retirement.<\/p>\n

Steps to Take Now<\/em><\/strong><\/p>\n