Health care costs in retirement, including health insurance, are a big concern for many American workers. This worry isn’t just for those with failing health, either. Healthy individuals live longer, so their medical costs exceed those who are ill.
Whether you are young and just starting to earn your fortune or you are nearing retirement age, it’s a good idea to have a retirement plan in place. If you are young, you may question why you should look at this now, however, planning for your retirement could be
In your 20s, retirement doesn’t feel like an important thing to start preparing for because it seems a long way off. However, the older you get, the more responsibilities you have, and the more difficult it can become to put away money, until one day you realize it would
Financial security in your old age takes some advance planning, and you’re never too young to start making plans. If you prepare well in advance for your retirement you can better manage your finances to make it last as long as possible and plan ahead in case of illness
When you’re young, your retirement seems a long way off – after all, it is decades away. However, that doesn’t mean that you shouldn’t start thinking about your financial future sooner rather than later. When it comes to failing to save for the future, one of the most common
Most people think of annuities when it comes to retirement, but if you’re struggling with your finances, you might be able to sell annuity payments and get the money you need now to pay off certain things.
The importance of preparing for your retirement should never be underestimated. While you may have been contributing to a pension your entire life, you need to explore all of your retirement income options carefully. Once you hit the age of 55-years-old in the UK, you can start to retire.
Most of us cannot wait to retire from our jobs! In fact, for many of us it’s our goal to be able to retire and enjoy life without having to commute, sit in a stuffy office and never deal with a horrid boss ever again!