Twenty million kids are living in a home with a single parent, and as a single parent you need to rethink your goals.
Where there were two there now could be three, four, or more if you used fertility drugs.
The reality is you need to plan for the soft side of retirement as well as the financial side.
The reality is that may not be possible for a variety of reasons.
No you can’t! The reality is if you start at forty and plan to retire at age 67 you have only 27 years of saving and investing.
We discussed the Boomers earlier in April but what about their kids?
At 59½ you can finally get at those dollars you have been stashing away for years in your retirement plans without paying a 10% penalty.
Age 55 seems to be a magical number…but very few individuals can realize an early retirement.
Many birthdays are key to successful retirement planning…and as these birthdays creep up, you need to do some planning.
If you have not done any retirement planning, tomorrow, as everyone is seated around the table, decide which kid you want to live with…This is Plan B.