Millions of Americans worry about their retirement income. Specifically, they worry that they won’t have enough of it to retire comfortably without having to keep working. The transition to retirement can be a stressful time, especially if you aren’t sure if you have enough money to fund your retirement plan.
There are a lot of different methods that advisors use to determine if a prospective retiree has saved enough retirement. One of the most popular is called the 4% Rule.