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Fewer than you think have saved $500k for retirement
Ivy Grace of Yahoo Finance has a piece here that focuses on $500,000. Who has achieved saving that much? Will it last for a typical person’s retirement? Is it enough? Do people think it’s enough? On the last point, 40% think $500k is enough, though the reality is it likely means a very basic retirement lifestyle. Read the full piece 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.