It’s easy to get discouraged when we haven’t saved the amount we would like for retirement. However, it’s more beneficial to use that energy toward fixing the issue rather than dwelling on past mistakes. There are several ways you can catch up on your retirement savings and it’s never too late to begin.
Almost every person will make poor financial decisions during their lifetime. The key to success though is avoiding the money mistakes that are difficult to overcome. Andy Mattingly from FORUM Credit Union is here to highlight the poor decisions that can lead to financial disaster.
Whether you are 5 years from retirement or 25 years from retirement, understanding a few key assumptions regarding retirement planning can be helpful. Finding the truths about retirement advice and how it might apply to your situation is an important step in having the retirement that you desire.
Although your retirement living will be based on various factors, it's important to specifically consider the impact of social security.
Retirement is something most of us think of as the end of the journey when it really the beginning of our second act. Living well in retirement requires planning, hard work and avoiding activities that can impact how we live in retirement. Avoiding a few common missteps can help keep you on the road to the retirement of your dreams.
Living well during retirement doesn’t happen with luck. It requires sound planning and financial organization.
We have all heard them, those sage financial sound bytes that seem so powerful and useful. However, upon deeper reflection, they can often be very difficult to interpret and more importantly hard to use in everyday life. However, if you decode the try meaning of these sayings, you might find useful ways to improve your financial situation.
Whether you are just starting to save for your retirement or if you have been saving for 20 years, January is a great time to make the little adjustments that can make a big difference in your retirement.