The need to develop a retirement plan

The need to develop a retirement plan

(NAPS)-Preparing for retirement can be a challenging process-and emerging trends are not helping matters. Fortunately, developing a retirement plan can help.
That's the word from experts who say changes in employee benefits, longer life spans, uncertainty with Social Security and Medicare and the rising cost of health care have made funding retirement more difficult.
With most of the responsibilities for financial aspects of retirement now falling squarely on the shoulders of individuals, the key, according to Insured Retirement Institute President and CEO Cathy Weatherford, is to have a comprehensive plan that addresses both retirement income and expenses-including health care.
National Retirement Planning Week was created to remind consumers of the importance of having a plan for funding their retirement.
For those needing help, a professional financial advisor can assist when creating a road map toward attaining financial security.
To learn more, visit www.retireonyourterms.org.