KTRH Local Houston and Texas News

KTRH Local Houston and Texas News

KTRH-AM covering local news from Houston and across Texas.

 

No magic number to retirement.

Dont' be fooled, comes the wise council of KTRH Monyman Pat Shinn, a certified Financial Planner who has hosted market reports as a fincial advisor on KTRH for more than 30 years, Patt has seen all the flash in the pan headlines run and go with the decades,, There are a panapaply of stories being published around this time glaring headlines boasting :This is this year's magic retirement number is $1.5 miliion," We're all looking for quick answers to complex issue" but Shinn says magic retiremen't t-numbers don't really exit , Shinn says finanial personality is going to play a role, as it has our whole time alive, Frivouls or frugal. Pat wont abide by mention of a manic "Magic Number, [but I''ll tell you] The Magic number now making the rounds $1.5 million. It was just $1.2 million last year. Escalation has people itchy. Patt Shinn suggests calmly familiarizing yourself several of the many outstanding online resources available for retirement planning options. Be smart. Live is a game of variables and chance and you are heading in a direction where you don't control most of the options anymore, Put in the homework based on you specific situation, Variables will play a role big term. Like inflation, Interest rates. health. But its best to come up with an informed/adviced plan but to put you on a constructive plan to live securely and comfortably while put your furture on firmer soul in your favor, There will varialbles and put your plan in use with the many things KTRH money Patt Shinn has advised you on through these many years.

photo: Getty Images


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