Four Steps to Help You Have a Comfortable Retirement

Planning for retirement can be daunting, but the plan is what makes it more likely you’ll get to spend retirement relaxing and doing the things you love.

A pair of feet in fun socks are propped on the arm of a worn leather sofa.
(Image credit: Getty Images)

One of the biggest fears people have when planning for their retirement is running out of money once they get there. Even those who have saved diligently for most of their lives worry whether or not they will be able to live out a comfortable retirement.

According to a recent Bloomberg survey, investors believe they will need at least $3 million in order to retire comfortably. But a comfortable retirement depends on more than just the amount of dollars you have saved. Don’t panic just yet. Here are four steps you can take now to help you enjoy your golden years.

Tony Drake, CFP®, Investment Advisor Representative
Founder & CEO, Drake and Associates

Tony Drake is a CERTIFIED FINANCIAL PLANNER™ and the founder and CEO of Drake & Associates in Waukesha, Wis. Tony is an Investment Adviser Representative and has helped clients prepare for retirement for more than a decade. He hosts The Retirement Ready Radio Show on WTMJ Radio each week and is featured regularly on TV stations in Milwaukee. Tony is passionate about building strong relationships with his clients so he can help them build a strong plan for their retirement.