The pandemic has made nearly a quarter of retirees somewhat, or significantly less confident they will have enough money to live comfortably throughout retirement, according to the Employee Benefit Research Institute (EBRI) 2021 Retirement Confidence Survey. Retirees also report that after their Social Security income, their second income source is personal savings followed by pension
Although we’re not past the health crisis yet, a picture of what the new normal might look like is becoming a bit more clear. In my last blog post, I wrote about The Coronavirus Crisis and The Real Estate Market, and what you need to know. Now let’s discuss the virus’ impact on other areas
One of the first things people do once they get serious about planning and saving for retirement is to look to a retirement calculator to let them know how much they need to save, or how much longer they need to work to be able to retire. There’s nothing wrong with that.