A recent study found that three in five Americans are very likely to work longer than desired – an additional two years on average – to meet their retirement goals. Having to work longer than expected is just one of the many surprises that those approaching (and those in) retirement encounter. In today’s article, a number of financial planners reveal what many people don’t realize about retirement – including the “biggest thing that [they] see keeping people from retiring prior to 65”. CLICK HERE.
While it may not be something you are eager to do amongst holiday festivities, the financial planners cited in today’s article believe “the end of the year is the perfect time to take a look at where you are when it comes to retirement and make adjustments.” So, assuming you are willing to set aside a couple of hours before January 1st in the interest of increasing your chances of a secure retirement, what do financial planners recommend you look at and what adjustments should you make? From making sure that company stock is not putting you at risk, to thinking of an unusual expense you should plan for, and more, CLICK HERE to find out.
When it comes to retirement planning, today’s article provides a case study in what not to do. In fact, it provides seven of them, as relayed by the financial planners who have seen people make these big retirement planning mistakes first-hand. From being too optimistic (or, conversely, too pessimistic) about one’s financial situation, to underestimating the impact taxes will have on retirement income, to not accounting for long-term care – and more – CLICK HERE to read about these “top retirement planning mistakes” and how to avoid them.