You can’t always control when to retire, but here are a few things to do to optimize your finances in your 60s and 70s.
Analyze your income sources in retirement:Think carefully about when you will claim Social Security.Americans who paid into the system and are fully covered get 100% of their benefits at theirThose who claim prior to their FRA get a reduction for every month before that FRA, while people who delay their benefits up until age 70 get a bonus.A couple retiring at age 65 could expect to spend $300,000 in retirement for health care alone, and that doesn’t include long-term care.
Not all debt is necessarily bad debt, such as a mortgage, but only if you can afford to pay it off in retirement and have a plan in place.or make a plan for how you’ll pay for at-home aides, a nursing home or other long-term care needs. Talk to family members about expectations.One that isn’t so conservative that investments no longer grow over the next few decades, but one that isn’t so risky you could lose all your hard-earned savings quickly.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Pretty Little Reunion! Lucy Hale Gets 'Sasha Pieterse Fix’ After Years ApartCheck out stars, from shows and movies like 'That '70s Show' and 'Full House,' who have come together years after they took their last bows together!
Consulte Mais informação »
Warming up for the remainder of the holiday weekendWarmer temperatures will return to southern Arizona as we go through the weekend with highs climbing back into the lower 70s and overnight lows recovering into the lower 40s
Consulte Mais informação »
‘Dukes of Hazzard’ star Tom Wopat said he ‘never really aspired to do' TV before hit sitcom: 'A blessing''Dukes of Hazzard' is a '70s sitcom that starred Tom Wopat, as well as John Schneider and Catherine Bach. It premiered in 1979 and has developed a cult following over the years
Consulte Mais informação »