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A Realistic Look at Retirement Financing
Yahoo!Finance reporter Jordan Rosenfeld, in a post on their news page, provides a dose of reality for many folks looking ahead to their retirement years…especially those taking a pragmatic look at financing that segment of their lives. In addition to several key, perhaps alarming to some, statistics on retirement, the Rosenfeld post offers this summary declaration: “In order to keep living at or near your lifestyle while working, experts suggest that you need between $500,000 and $1 million saved in order to finance your retirement years. A hefty chunk of change that requires years to save up.” For some fascinating statistical insights into this topic, click here…
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