Have you and your spouse discussed your retirement plans? In the 2017 study, Age Wave/ Merrill Lynch, “Finances in Retirement: New Challenges, New Solutions” showed that only 16 percent of pre-retirees older than 50 feel prepared for a 20-year retirement.
Personally, I found that to be a truly sobering statistic. As a Certified Financial Planner™ I’ve seen the importance and difference working with a professional to develop and follow a financial plan can make. Also, I know there is a significant need in our country to help individuals plan their finances and retirements. However, I was shocked to see a number less than 20 percent!Read More