As most advisors know, there is no magic number for how much a client should save for retirement. Some may believe a healthy start might be $1 million, $3 million or $10 million, but the "number" varies as much as each individual client. Several factors need to be considered, not the least including what they can save, and how that fits into their future needs. We asked advisors through the Financial Planning Association and the XY Planning Network how they help clients determine their individual "retirement number," along with how and when a client needs to adjust that number. In the gallery above we spotlight how 10 advisors determine the right retirement amount for their clients. --- Related on ThinkAdvisor:
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Sponsored by Axos Advisor Services
Integrated Banking Solutions: How To Enhance Client Services and Grow Your Business
Sponsored by Optifino
Three Macro Trends Impacting Long-Term Care: Trends, Solutions & Client Conversations
Sponsored by Allianz Life Insurance Company of North America
Elevating Income FIAs: More Flexibility & Control for Your Clients
Sponsored by Vanilla
The Missing Piece: Why Advisors Who Skip Estate Planning are Failing Their Clients