Retirement planning in America is quite the feat to achieve. Though not impossible, it can be challenging, stressful, and overwhelming. From saving money to dealing with all kinds of debt, retirement planning is certainly a task that requires a lot of time and thought.
In hopes of helping at least one individual experiencing retirement woes, we have gathered five articles that focus on solving current problems that Americans face today.
A Retirement Income Strategy for Do-It-Yourselfers
Do-It-Yourself does not only apply to arts and crafts. Steve Vernon shares, through CBS Money Watch, how individuals can take planning into their own hands. Through this three-step strategy, individuals can create a plan without the extra cost of hiring a qualified professional adviser.
Six Real Numbers You’ll Need to Know on the Road to Retirement
Many people believe that once they have $1 million in savings, then they are ready for retirement. However, MarketWatch’s Mitch Tuchman presents a more realistic approach in calculating your finances and determining how much it is that you need in order to retire. He lists the six factors you should be studying instead.
Retirement Blackmail: How Safe Are Your Retirement Secrets?
Forbes’ Robert Laura talks about the fears and roadblocks that people encounter when it comes to their retirement. He shares the three retirement secrets that many individuals try to hide, and gives them the push to reach their full potential.
Self-Employment And Retirement: It’s Not An Inevitable Dead End
Self-employment has its benefits. You get to work flexible hours, set up your own pay scale, and decide the amount of work that you do. However, there are downsides, as well. Benzinga’s Rebecca Sheppard tackles the problems that self-employed individuals experience when it comes to retirement and lists down ways to solve them.
Retirement Tips From Financial Guru Suze Orman
Advice from the experts can go a long way, especially when it comes to your future finances. After all, the biggest fear of so many individuals is outliving their money. Michelle Smith of GoBankingRates features seven valuable retirement tips from Financial Guru, Suze Orman.
Retirement planning is difficult, but it is manageable. It poses a great deal more than the issues stated above. This is why individuals are encouraged to begin planning as early as they can.