We hear a lot about the retirement crisis in America. With a decline in pension availability and concerns about the long-term viability of Social Security, the burden of saving for retirement rests squarely on the shoulders of individuals. According to EBRI, only 17 percent of American workers are very confident they will have enough for a comfortable retirement (see EBRI’s 2018 […]
Retirement confidence levels are critically low across the board these days. The Center for Retirement Research estimates that nearly half of all households are at risk to not be able to continue to maintain their same comfortable lifestyle during retirement. Problems related to debt are a major obstacle on the retirement savings journey. Saving in a 401(k) plan or IRA can be […]
If you plan to retire prior to age 65, one of your biggest challenges to deal with is determining how to pay for out-of-pocket health care costs before becoming eligible for Medicare. The cost of health insurance options is already high for most households and should be a major consideration for anyone planning on an early retirement. Ways of Obtaining Health Insurance […]
The journey to retirement begins to take on a greater sense of importance during the final decade of your working years. That’s because the steps you take during the last 10 years of your career are critical to your ability to actually enjoy retirement—however you may choose to define that season of life. A lot of major life events tend […]