Thinking about money stresses you out. All those bills, your debt, not knowing if you’ll have enough savings to actually enjoy your golden years. It’s a lot. To get your finances in order, you’ve got to understand where you’re at today. From now until 2030, over 30 million Americans will turn 65. Women entering retirement…
Retirement planning is hard for many people. So much so that most people skip that part. In fact, 62% of adults aged 50 and older have never gotten professional retirement advice. With stats showing the median retirement age expectation is 67 and 56% end up retiring sooner than planned, it seems risky to avoid professional…
Retirement can seem like a far-off concept, especially when you’re just starting your career. However, planning and saving for your retirement years is one of the most important financial steps you can take. The decisions you make today about how you manage and invest your money will greatly impact your quality of life when you…
Retirement is often a complex and daunting transition for everyone. But if you dig a little deeper, you find that women often deal with a distinct set of hurdles that can make this life phase even more challenging. A recent study explains several challenges that negatively impact retirement savings. They range from dealing with losing…
Data shows that only a third of our country’s inhabitants can accurately pen down the average lifespan of someone retired. Yet, this bit of information is no trivial piece of trivia. This overlooked nugget of knowledge can impact you in significant ways, especially while charting the course of your retirement. The Average Lifespan of Retirees…
Early retirement requires diligent planning, disciplined saving, and smart investment strategies. This article will explore various aspects of achieving your retirement goals by the age of 50. Furthermore, we’ll provide guidance on budgeting techniques that can increase your savings rate and keep you on track toward early retirement. We will also address managing debt before…
The choice of the state where you will spend your retirement years can significantly impact your personal finances. This is due to the different living costs, health care costs, and tax burdens across the country. When analyzing the available options, you should consider both financial aspects and liveability factors. To help you with this search,…
