Reported 4 months ago
Average Americans are concerned about saving enough for retirement due to worries about living expenses, unexpected costs, stock market volatility, debt, increased life expectancy, and uncertainty about Social Security benefits. Retirement income expert Joseph Guyton offers tips to ease these concerns by emphasizing the difference between retirement planning and retirement income planning, suggesting early retirement investments, determining adequate savings based on retirement age, lifestyle, and expenses, and ensuring multiple income streams including guaranteed sources like Social Security and pensions while considering insurance options for protection.
Source: YAHOO