In today’s hustle and bustle world, it seems like we are constantly in “catch up” mode. That uncomfortable feeling is no more troubling than when it is associated with our retirement plans. In an ideal world, we would all start saving for retirement in our 20s and continue that trend throughout our lives. But this is not a perfect world. If you’re over 50, then you’re probably beyond troubled – you’re heading toward “panic mode.” But you don’t have to be. There is still time to get on track with your retirement preparations. Taking Stock A word of caution: don’t…
Retirement
Some retirees are in real danger of running out of money. Many in middle age with little in the way of retirement provisions in equally real danger of simply having insufficient to live on once their last pay check has come and gone. Social Security benefits are totally inadequate for supporting anyone in retirement. The figures in the USA suggest that only a small minority is saving the money it should be saving each month with a view to providing for a comfortable retirement. A recent survey from the Employee Benefit Research Institute suggests that some people, aware of their…
