3 Steps to Retiring Early Even if You Have No Savings
Many people dream of retiring early, but relatively few are able to do so. According to a survey from TD Ameritrade, 50% of Americans say they’d like to retire by age 60, but only 33% expect to be able to do so. The roadblock? Lack of savings. The less time you have to save, the harder it is to build a sizeable retirement fund. However, even if you have no savings at all, you may still be able to retire early if you take these three steps that Katie Brockman notes in this piece: 1.) Determine how much you need to start saving; 2.) Invest aggressively; 3.) Be prepared to make financial sacrifices either now or in retirement. Full article here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.