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Retirement planning grows as Social Security fears rise
Uncertainty about the government's pension system pushes both companies and individuals to plan earlier for retirement. AIM materials aid 3,000 organizations with counseling, while experts say early planning, ideally 10 years before leaving work, helps manage money and time. A ballpark goal is 70 percent of pre retirement income, with inflation assumptions of 5 to 7 percent. AIM offers a guide with topics on money housing and leisure for a $1 fee.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
al Peterson
Action For
Independent Maturity
AIM
American Association of Retired Persons
Peterson
R. George Martorana
New York City
AIM Planning
P O. Box
Washington, D.C