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Retirement Planning
Facts and Statistics

Many Americans plan for retirement, but many may not plan effectively. The number of people that are being covered by employer pensions has been steadily dwindling. As of 2001, Only 12% of workers in the private sector had a pension or retirement plan covered by their employer. That percentage is down from 18% of workers only a decade earlier.

Do you want to be financially secure when you retire?
Contact one of our Retirement Planning Professionals at Cranberry Lake Financial to help you find the retirement plan that is best for you!

Still, many do not plan for retirement. Since 2001, The percentage of people who currently are saving for retirement has stayed roughly the same. 68% of workers believe that they will continue to work into retirement, but 40% end up retiring early due to circumstances such as disability, health complications, or being let go by the company.

These workers often find themselves in a difficult situation if they have no properly prepared for retirement. About 40% of workers polled assumed that they would only need less than 70% of their previous income in order to maintain a comfortable lifestyle upon retirement. Yet, financial planners project that most retirees will need up to 80% of their previous income in order to meet their living expenses.

Contact us Today! or Call Toll Free 1-866-497-8989
Let our Cranberry Lake Financial advisors help you plan a safe and secure lifelong financial plan that meets all your needs!

Contact Cranberry Lake Financial
for answers to your financial questions!

We are available 24 hours a day / 7 days a week!
E-mail: susan.stepanski@CJTrainor.com
Phone: 1-866-497-8989

 
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