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Grand Rapids’ Recent Ranking as a “Best Place to Retire” Prompts Nulty Insurance to Recommend Retirement Planning, Life Insurance

Kalamazoo, MI (PRWEB) November 14, 2013

In its most recent issue, AARP has published the annual “Best Places to Retire” list for people looking to retire comfortably and securely at a reasonable cost. Coming in among the Top 10 cities is Michigan’s very own Grand Rapids, which is, in fact, one of the largest cities on the list. The ranking comes as no surprise to Michigan residents, who are excited that the community has been regarded so highly. Prompted by this list, Kalamazoo-based agency Nulty Insurance wants to advocate preparing for the future by providing customers with some basic retirement-planning advice to keep in mind.

  •     Create goals, and stick to them.
One of the most essential things to keep in mind when planning for retirement is to know the importance of setting goals and developing habits that will help achieve them. Retirement is not cheap, and those who are planning to save for it should be careful to not underestimate the amount they will need. Start small, but don’t be afraid to start now – the sooner money starts being saved, the more time it has to multiply. By creating a focused plan for action sooner rather than later, retirement saving can become like clockwork.

  •     Know the different ways to save.
There are many ways to start saving for retirement, not limited to opening an Individual Retirement Account (IRA) or contributing to one’s employer’s pension or retirement savings plan. Nulty Insurance also recommends a permanent life insurance policy, which accumulates value over time and can be used as retirement income. By understanding the different options for coverage and savings, it can be relatively easy to start planning for the future. With foresight, careful planning, and self-discipline now, retirement saving will pay off in the long run. Before long, the amount will continue to grow, and the perfect retirement destination will be waiting!

The United States Department of Labor estimates that fewer than half of Americans have actually calculated the amount they need to save in order to properly plan for retiring. Meanwhile, the average American will spend about 20 years in retirement, a length of time that will clearly merit proper planning. By having the proper life insurance plan and starting to plan for the future now, the steps toward a happy retirement can be much smoother.

Contact Nulty Insurance at 877-830-3099 today to learn more about the life and health insurance options the agency has to offer!

About Nulty Insurance:
Since 1945, Nulty Insurance has been a family-owned insurance agency. Committed to building a reputation for being “simply the best” agency in Southwest Michigan, the agency focuses on bringing clients the best products, with the most personal service, in the insurance industry. Built on innovation, security, and integrity, Nulty has earned the trust of Michigan residents by providing superior service, a quality product, and a competitive price. The insurance industry is an ever-changing environment. Fortunately, at Nulty Insurance the agents are on top of these changes in order to best serve the Michigan community. Looking for comprehensive insurance services that meet your personal needs? Call 877-830-3099 today.

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Source: PRWeb
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