The medium family of retirement age has $12,000 in savings, that is s terrifying figure for country where social security, the state pension, pays out roughly, $2,500 a month, and pensions for both public and private employees are unfunded; writes THE ECONOMIST. It might has been true when life expectancies were lower and people weren’tContinue reading “The older you get you don’t spend less, you spend different; what you need to know before planning for retirement.”
Tag Archives: retirement
Retire save, and retire rich.
In the united state health care costs have by every measure, outpaced inflactions and other budget items. For example; the average employee contribution to company-provided health insurance has increase more than 143 percent since 2000 during that same period. Food cost are also soaring. According to a consumer finances survey, which the federal reserve conducts inContinue reading “Retire save, and retire rich.”
Three dangerous money mistakes you are making as parents
Raising a young child involves so many daily challenges that makes it’s likely you have little free time to think about your financial future. Which when done causes great damages to the later end of life and also your kids financial life when they grow-up. Now is the right time to check those money mistakesContinue reading “Three dangerous money mistakes you are making as parents”
Did you really know how to retire rich?
The assumption that, because you have your mortgage paid off, travel less, buy less, and live a less active lifestyle, you I’ll spend less when you retire is not true at all. According to an article on MarketWatch, “living to 100? That will be $3.5m,” the average money spent by age 50 is $1.5million andContinue reading “Did you really know how to retire rich?”