Pensions and Retirement Plans
Welcome to the InterSites Pension and Retirement Plan Guide where you'll find a wealth of useful information about planning for your retirement. So what is a retirement plan?
"A retirement plan gives a regular payment to a person, which allows them to subsist without requiring them to work."
Many experts suggest that you need at least 60 to 70% of your pre-retirement income to enable you to maintain your current standard of living in retirement. Retirement income may come from Social Security, a retirement plan at work, or personal retirement savings. These pages and guides should help make clear the requirements, entitlements and benefits of each source of income.