How much thought and planning have you put towards retirement? How much are you saving for it? Saving for retirement may not seem like a priority when you have more urgent needs—especially if it seems like every dollar of your paycheck is spent before you even receive it. When facing your current financial expenses saving for retirement years or even decades away may not seem like a priority. But if you don’t have the money now while you’re working, what are you going to do when you are older and are no longer able to work? After all, when you’re in retirement, you’ll still have financial obligations. You need to start planning and saving for retirement now! And here are three reasons why.
If you’re like many Americans, you’re depending on Social Security to be a major source of income for your retirement.…
When you’re retired, you generally have three primary sources for income: Social Security, employer pension plans, and personal savings. So…