If you even have a retirement plan at all you are undoubtedly ahead of most Americans. Still, even if you have taken this important step, the question needs to be asked: is the retirement plan you have drafted viable? The author of today’s article outlines how pre-retirees can go about assessing the adequacy of their savings rate – and how retirees can gauge the sustainability of their spending rate. For the steps involved in these tasks – and some online tools for completing them – CLICK HERE.
