Reported 2 days ago
As many Gen Xers face the risk of outliving their retirement savings, especially due to high credit card debt and inadequate savings, it is crucial for them to take proactive steps. The article outlines five essential actions: determining how much money is needed for retirement, eliminating credit card debt, cutting unnecessary expenses, diversifying investment portfolios, and saving at least 20% of income for retirement. Implementing these strategies can help ensure financial stability during retirement.
Source: YAHOO