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OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®








 ARE YOU READY TO RETIRE?

  

Are You Ready to Retire?

Retirement Budgeting

Sources of Retirement Income

Tax-Deferred Savings Vehicles

Estate Planning

Selling Your Business

Getting Your Business Ready for Sale

Working With a Business Broker

Closing-Your-Business Sale

More Resources: Retirement Planning		   Retirement Readiness Quiz

The first step in developing a viable retirement plan is to determine how much money you’ll need to live comfortably. To get a sense of what it will take, ask yourself the following questions. (Answers on next page.)

1. What percentage of your current annual income will you need to live at your current standard of living when you retire?
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2. What has the inflation rate been for the last three decades?
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3. What’s the average life expectancy for men and women?
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4. What is the average cost per day for nursing home care?
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5. How many days of nursing home care does Medicare currently pay for?
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Retirement Readiness Quiz Answers >