Meager savings for retirement? Here’s how to catch up.
It’s an alarming fact: About 30% of today’s baby boomers have no retirement savings. And that could mean some pretty lean “golden years”, because Social Security isn’t, and was never intended to be a sole source of retirement income. But even for those in the latter years of their working career, it’s possible to change habits and build at least something of a nest egg to make life in retirement at least a little more comfortable than it might otherwise be. As this Fox Business News article points out, it’s never too late to start saving for your retirement, and you’ll be surprised at how just a little extra effort or perhaps a slight course correction can mean the difference between retirement poverty and retirement well being. Click here to read more.
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