A few months ago, AARP) released a survey that found that one in five Americans over 50 reported having no retirement savings, and over half don’t think they'll have enough money to keep them going in retirement. While many of us used to have pension plans to keep us afloat in retirement), now the vast majority of us rely heavily on Social Security and 401(k)’s.
Our system and our life expectancy are just different now…which means we need to plan differently. (And yes, this means we need to actually make a plan.) Christine Benz, author of How To Retire: 20 Lessons For A Happy, Successful, And Wealthy Retirement), shares her top strategies for planning the retirement of your dreams.
**Join our free budgeting webinar) on October 15th at 7 PM ET! **https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration
Chapters:
**00:00 **The Retirement Crisis
**02:00 **Planning for Longer Lives
**04:01 **The Shift in Retirement System
**06:50 **Challenges of Retirement
**10:01 **Cognitive Decline and Long-Term Care
**13:46 **The Bucket Approach to Retirement
**22:14 **How To Calculate Retirement Needs
**26:24 **The Impact of Taxes on Retirement
**29:04 **Non-Financial Aspects of Retirement
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