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How Boomers Can Avoid Going Bust in Retirement
(Source - U.S. News & World Report)
“Take a deep breath.” “It’s never too late.” “Get some professional help.” While those snippets are indeed culled from experts, they’re not therapists – though you might need one while facing the panicky prospect of a bone-dry retirement account. If you’re a baby boomer on the cusp of retirement, you could find yourself staring down this problem soon. Perhaps you missed out on compound interest by not investing young. Maybe the Great Recession decimated your individual retirement account. Medical or financial emergencies might’ve forced you to tap your funds as a last resort. Read more…
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