Posted by Administrator Account on 2/14/2012 10:29 AM

Did you know that seniors are expected to live 20 or more years beyond their retirement age?

Social Security may average 40% or less of your required income when you retire. You need approximately ⅔ to ¾ of your current income for financial security in retirement, depending on your spending level.

What you can do now:

Even a slight increase in contributions to your 401(k) 1 or 2 % can make a difference 15 or 20 years down the road.

Call your Dalby, Wendland tax advisor for more information on retirement planning.

Source: American Institute of CPAs

Dalby, Wendland & Co., P.C. is a Certified Public Accounting and Consulting firm in Western Colorado that provides professional accounting, audit, tax and business services to individuals and businesses of all sizes.  Dalby, Wendland & Co., P.C. has established offices in Grand Junction, Glenwood Springs, Montrose, Aspen, Rifle, and Telluride that allows us the flexibility to serve thousands of clients all over Western Colorado.  As Western Colorado's oldest and largest accounting firm headquartered in Colorado, we have had the opportunity to build strong relationships with our people, our clients, and our communities.

The information provided on this website is for informational purposes and does not constitute an accountant-client relationship. We assume no liability or responsibility for any errors or omissions in the content of this website. Any U.S. federal tax advice contained in this website is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law. We recommend you call our firm before implementing any tax techniques discussed in this letter, or if further accounting, tax, or financial advice from a professional accounting firm is required.

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