3/16/2015 – A Purposeful Retirement for 30-Somethings (U.S. News & World Report)
Mar 16, 2015
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As humans, we all fear what we don’t know. That’s why the thought of whether we’ll be financially prepared for our golden years can be worrisome. Many 30-somethings are just now beginning to think about retirement and the possibility that one day working will be optional for them.
There is no denying that many of today’s retiring baby boomers are in a challenging spot financially. According to a 2014 study conducted by Voya Financial, 21 percent of retirees reported having less than $50,000 in total savings, while only one-quarter had a formal financial plan or written budget. The good news for today’s younger generations is that time is on your side.
Read the full article at U.S. News & World Report.