As Patrica Amend writes, “Reaching age 50 is a milestone that most of us celebrate. After acknowledging this momentous birthday, Austin Frye, a certified financial planner (CFP) at the Frye Financial Center in Aventura, Florida, invites prospective clients to a financial review. With those who have done little budgeting or saving, he’s direct. “You have one last chance to put yourself on course to achieve a successful retirement,” Frye tells them. “It’s time to talk about saving more, spending less or both.” Some folks listen, but others don’t. Following are 10 errors that Frye and other financial planners see 50-year-olds make that may, indeed, have serious consequences down the road.” Read more.
If it’s feeling especially challenging to stick to your retirement savings goals, you’re not alone. Read more from Sharon Epperson.
You may have heard about the SECURE Act, but do you know about these 6 ways it might affect your retirement? Learn more here.
Not so fast…some companies are using it to help plan retirement! VR and online visual aids are giving workers a better idea of how much they need to save; read more about how.
Social Security was created in the 1930s for a different era; now women are impacted more adversely if they make the wrong claiming choices. Make sure you understand these issues; click here to learn more.
More Americans believe that it is more likely that Bigfoot is real than believe they will have a comfortable retirement. Click here to read the surprising statistics, and discover strategies for helping you save more for your retirement.