Probably not! Your retirement savings will play a very big role in retirement.
Congress increased the amount workers could contribute to their retirement plans but then realized that older workers closer to retirement were in rough shape.
About 60% of employers offer employees some sort of retirement plan, but not all employees take advantage of the plans offered.
This is National Save for Retirement Week. It is a national effort to raise public awareness about the importance of saving for retirement.
Being a snowbird like my Juncos, six months south and six months north, could be a great life style in retirement but one place will need to be your legal residence.
If you’ve reached the magic age of Medicare, which is 65, you shouldn’t have any problems with doctors and healthcare facilities accepting your health insurance wherever you are in the U.S.
Do you have snowbird envy as you watch those RVs head south? Wondering how you would do on the open road?
The real snowbirds, the Juncos, spend about 6 months north and 6 months south.
It happens every year around the beginning of October. The RVs are gassed up and heading south.
Step 5 is the CYA part of your financial plan. Cover Your Assets!