Catching Up on Retirement Savings at 50: A Guide

Reported about 15 hours ago

At 50 years old with only $60,000 saved for retirement, Josh finds himself in a challenging position after using his 401(k) funds to care for his sick parents. With time running out to build his nest egg, he must strategize on maximizing savings, potentially downsizing his home, and managing his budget aggressively. A recent survey shows many Americans over 50 are facing similar fears about retirement savings, often opting to delay retirement to secure their financial future.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis