7 Ways Americans Plan to Ensure a Financially Secure Retirement
Have you taken any of these steps to prepare for your golden years?
A secure retirement is in your hands and nobody else’s.
For better or worse, we all have to finance our own retirement. Sure, Social Security and Medicare will help. But workplace pensions are rare, and few will inherit fortunes from their parents or anyone else.
Fortunately, many Americans understand and accept this reality. They are taking steps long before retirement to make sure they will not struggle financially during their post-work years.
Recently, the National Institute on Retirement Security asked 1,200 people 25 and older what they are doing to ensure a financially secure retirement. Below are the methods they cited most often.
8 Issues Making It Harder for Americans to Retire
8 Issues Making It Harder for Americans to Retire
Finding a way to retire is tough in the best of times. These obstacles are making it tougher.
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Finding a way to retire is hard enough in the best of times. Scrimping and saving your way to a decent-sized nest egg is perhaps the biggest financial challenge most of us will ever face.
Unfortunately, there are many obstacles outside our control that make it even more difficult to retire.
Recently, the National Institute on Retirement Security polled more than 1,200 Americans and asked them to name the biggest factors that contribute to their struggle to prepare for retirement.
15 of the Best Money Moves You Can Make in 2021
Everything seems unpredictable these days. Take control with these savvy financial decisions.
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2020 was as unpredictable as they come a pandemic, economic meltdown, social upheaval and the most controversial election in recent memory.
Who knows what 2021 will bring? Will a nationwide vaccination campaign bring the COVID-19 pandemic under control? How much will the economy rebound? Will our elected governmental leaders put aside partisan differences and get the nation back on track?
There’s plenty, obviously, that’s out of our control. But you can control your money how you spend, how you save, how you invest. Check out these ways to bolster your budget, build an emergency fund, manage spending and saving and more.