Behind on Retirement Savings: Seeking Advice

Reported 5 months ago

Harold, who is turning 58 this year and self-employed, seeks retirement planning assistance as he has minimal savings invested from previous employments. The article advises on steps such as maximizing contributions to retirement accounts, delaying Social Security benefits, continuing to work, relocating to lower cost areas, and leveraging tax deductions and retirement accounts for the self-employed. It emphasizes the importance of consulting with a fee-only certified financial planner who can provide personalized guidance to secure a comfortable retirement.

Source: YAHOO

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