Can you see the light at the end of the work tunnel? Is it time for you to start planning for your retirement? Here are some financial considerations:
A look at different ways to afford retirement
Today’s seniors can expect a longer retirement than their parents. That means more years to finally do what you want to do, including travel and hobbies (not to mention spoiling the grandkids). But a longer retirement also means more years of money going out and no paycheck (or only a small one) coming in. That’s why seniors need to be smart about how they pay for their retirement years.
“You really need to have a strategy to make sure your savings last,” said Lee Bowman, National Coordinator of Community Affairs at the FDIC.
To help you set or adjust your own plans for affording retirement, FDIC Consumer News offers this look at some different … Road more