4 things to do now to make sure your savings will last through retirement - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Start planning ahead now

. Anyone who waits until their full retirement age at 66 or 67 will get the full amount each month.

"We see a lot of retirees transitioning from full-time to part-time, and then part-time to fully retired," she says. "Think about that bridge window of maybe five to seven years where maybe you don't want to work five days a week, eight to 10 hours a day, but would work four or five hours on something you're passionate about."

It not only keeps you active and engaged while going into retirement, but the extra income could supplement your retirement income, too. "Dial down your spending," Horgan says. This suggestion works in two ways: helping you save for the future now, and becoming happier living on less once you do retire.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The inside story on billionaire Seth Klarman's devoted following - Business Insider'Oracle of Boston' Seth Klarman has a rabid following that's stuck with him through thick and thin. Here's why fans of the publicity-shy billionaire investor copy his every move. Value investors without humor like Warren Buffett are insufferable 😂
Source: BusinessInsider - 🏆 729. / 51 Read more »

Experts say several retailers to consider bankruptcy amid coronavirus - Business InsiderJCPenney is reportedly eyeing bankruptcy and experts say other department stores and mall brands may soon follow as coronavirus decimates the retail industry This could of been written every week for the last 10'years. Es que si quiebran estos monstruos, ¿que se deja para el pequeño comerciante colombiano? ¿QUÉ? GOOD! Now, we all should encourage local businesses and entrepreneurs to begin working again, for all of us!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chase Q1 earnings reflect crisis preparation - Business Insider - Business InsiderChase's Q1 income was largely affected by an increase in credit costs as it builds up its reserve in preparation for the effects of the coronavirus PM Modi SAID I respectfully bow to the people of India... coronavirus Covid_19 lockdown Modi
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 things in tech you need to know today - Business InsiderApple released its iPhone SE 2, Eric Schmidt said we should be 'grateful' for Amazon, and the Pentagon watchdog cleared Microsoft's JEDI contract.
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 things in tech you need to know today - Business InsiderSundar Pichai says tech companies 'shouldn't get carried away' fighting coronavirus, and Amazon shut down all its warehouses in France. coronavirus 10 Times more deadly than the 2009 SwineFlu pandemic... WHO WorldHealthOrganization COVID19
Source: BusinessInsider - 🏆 729. / 51 Read more »