Individuals facing the task of setting aside retirement funds must ask themselves several important questions.
How will I pay for it?
Where will I live?
What will be my post-working life tax liability?
Most of us who haven’t retired yet realize that our social security benefits are not going to cover much and the cost of healthcare keeps rising. No wonder retirement worries affect so many. The best solution to alleviate financial anxiety is to save and make a plan. Do not ignore putting together a financial plan that can take you into your retirement years.
- 1The average couple reaching age 65 has a joint life expectancy of 25 years.
- 2The earlier you start saving and planning the happier your life will likely be
- 3Wyoming best state to retire to, low taxes and low crime.
According to the recent Willis Towers Watson’s 2015 Global Benefits Attitude survey, a whopping 76% of today’s employees think their retirement will be less secure than their parents.
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