Safety Nets, Analysis, Diversification And Dreams.

This article presents information on retirement planning. It is informed that when it comes to retirement planning, there are as many pieces of advice as there are financial advisors. Opinion of four financial advisors are presented which might help the aged to devise the best plan to save for retirement. A hypothetical situation is being described wherein Joe, a fictitious character, who is 58 years old, is planning to retire by the age of 25 or 66. Joe and his wife have a combined income of more than $200,000. Joe has a $1 million life insurance policy with a $300,000 cash value. He also has assets worth about $1 million in stocks and bonds.