Retirement planning is not something we need to do in the future. It is intrinsically linked to all our business, taxing and wealth planning decisions and should always be considered a vital component of every business decision.
It’s not rocket science, its mathematics. What do we mean by that? If you want to retire with a certain annual income, in today’s dollars, it’s a matter of calculating how many years we have left to our planned retirement age and calculating how much we need to invest each year, with compounding returns, to accumulate required investment.
Need help with that? Then come see MyAccountants and let us, together with our industry leading planning partners, guide you through your freedom gap and how to close that gap in time.