Reported about 1 month ago
At 68, Alisa Wolfson is preparing for retirement but is concerned about her underfunded pensions and limited savings of $55K. Experts recommend maximizing her contributions to the Thrift Savings Plan (TSP) for its tax benefits and low fees, while cautioning against high-risk investments despite her desire for better returns. They suggest considering extending her work period to save more, reassuring her that accepting some risk is essential for achieving growth in her retirement portfolio.
Source: YAHOO