A senior couple could need as much as $320,000 for out-of-pocket costs for healthcare during their retirement years.
Retiring can have many effects, and relaxing isn’t the only thing you will be thinking about. Complete retirement leads to several issues you may not have thought of.
Coronavirus has affected millions of older Americans. The unemployment rate for Americans over 55 jumped from 2.6 [rcent in January to a staggering 13.6 percent in April 2020
Boomers can be forgiven for thinking the world has gone mad, and retirement on a beach far away from all the mayhem might be the most appealing idea right now.
The CARES Act allows you to make penalty-free withdrawals of up to $100,000 from your retirement account if you meet certain qualifications related to the COVID-19 pandemic.
We all have to figure out how to move into the future, whatever that may bring. If you have been planning to retire, this could be a very stressful time.
This year, COVID-19 decimated the economy, and research shows 21 percent of people anticipate the crisis will deliver a severe blow to their retirement blueprint.
Boomers and those who receive Social Security could be concerned about receiving their monthly checks given the economic downturn due to the coronavirus.
Even before the current pandemic, many folks were worried that they were unable to afford to retire and might have to keep working later in life
If you want to know what age to retire, you should figure out when you want to retire, and try and figure out how much time you have and how much you must save.
David Lerner News
Retirement Planning Information
Women's Financial Literacy