Retirement Planning

IBC Helps You Consider the Issues

The amount of income you'll need in retirement will vary depending on your lifestyle, health issues, tax bracket, retirement age, and cost of living, among other things.

Often you hear that you will need 70% to 80% of your pre-retirement income, but it is not uncommon to need 100% or more.

The cost of health insurance has doubled in the past seven years, according to the U.S. Department of Health and Human Services (July 2006).

What you invest in will depend on how long you have until you retire. As you near retirement, you might consider moving from aggressive, growth-focused investments into more conservative, income-producing investments.

If you move to a sunnier locale when you retire, you may have to file income tax returns in two states, as well as face unexpected local income taxes.

To learn more about how Integrated Benefits can help you with your retirement planning, and the various products that you can use to fund your retirement such as 401(k), 403(b), 412(i), Annuities, Individual Retirement Accounts, and Trusts please contact us.