According to the National Council on Aging, more than 13 million older adults are considered economically insecure, living on less than $22,000 a year.
Studies and surveys have shown that most Boomers have not saved enough and you know you have not saved enough.
Retirement folklore seems to have everyone believing you need $1 million to be able to retire.
No one should charge you for your credit report.
I found that early for most people was age 55.
Some experts believe you are going to need a million dollars saved for a comfortable retirement.
Today 10,000 Baby Boomers turned 65. Another 10,000 will turn 65 tomorrow.
When you employ someone to work in your home such as a nanny or a housekeeper, you are required to pay Social Security and Medicare taxes on their wages.
Women represent almost 56% percent of all Social Security beneficiaries age 62 and older and approximately 68% of all beneficiaries age 85 and older.
To receive Social Security benefits, you must work and pay taxes into the system.
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