Listeners tell me they’re not worried, they’ll have their Social Security, but Social Security was never intended to be your only source of income in retirement.
The average 401(k) balance came in at $80,600 at the end of the second quarter of this year (2013) according to a report released by Fidelity, which represents 12.4 million U.S. workers.
Workers over 50 can contribute an extra $5,500 this year to their 401(k), 403(b), 457.
Sixty percent of employers offer some sort of retirement plan but only about fifty percent of employees take advantage of the plans offered.
This is National Save for Retirement Week. We have weeks dedicated to so many different things, why shouldn’t we have a Save for Retirement Week?
While living in two states you must choose one as your legal residence, and it’s the laws of that state which will dictate your estate planning.
While you are in the planning mode of retiring in two states, consider establishing relationships with health care providers in both.
If you think you might like the RV lifestyle do some homework before you make a down payment on an RV.
Once the real snowbirds appear at the bird feeders you know winter is not far behind.
With the cooler weather here, heading south has some strong appeal.