When it comes to retirement planning, Americans are often way behind. In fact, in 2019, almost half of households headed by someone 55 or older had no retirement savings at all, according to the U.S. Government Accountability Office. The traditional retirement age is 65 in the United States and most other developed countries while 60 …
Last week, we discussed the benefits of having a retirement plan. Retirement planning involves depriving yourself of some spending money now so you can have some spending money as a retired person. Would it not be a bummer to lower your spending money now and still be unable to …
Continue reading "MITIGATING THE THREATS TO RETIREMENT PLANNING"
Sixty-five percent of the global youth population will reach the elderly stage of their lives, also the retirement stage. At this stage, they are no longer young and active enough to go out to work and earn a survival income from paid employment. A retirement plan is a systematic approach to cater for a definite …
Broadstreet Financial Review 