If you’re approaching retirement, you likely have a number of big projects on your plate. You may be weighing your options for things like Social Security benefits, investment choices and even decisions about lifestyle.
1 Comment
Are you over the age of 50 and recently divorced? Or, are you considering a divorce? You’re not alone. Researchers at Bowling Green State University recently found divorce rates for couples over age 50 have more than doubled since 1990, and that’s while divorce rates have fallen for nearly every other age group.1 In fact, divorce rates among those over 50 have increased so much that researchers have coined a new term for the trend - “Gray Divorce.”
Is retirement fast approaching? If so, congratulations. It’s an exciting time when you finally wind down your career and spend your days doing whatever is most important to you.
Want to retire early? You’re not alone. For many Americans, the ultimate dream is to retire young, when they’re in good health and still able to enjoy a long and fulfilling retirement. Retiring early can be rewarding, but it’s not for everyone.
Are you one of the 67 percent of millennials who are saving less than 10 percent of their income each year for retirement? That number comes from a new study by Principal Group. The study found that only 63 percent of millennials started saving before age 25, and of the ones who were saving, only a third were saving at least 10 percent of their annual income.1
|