How Coronavirus Is Forcing Americans Into Early Retirement
"... two-thirds of the study respondents were not saving enough for retirement, while almost 9 out of 10 didn’t have a financial plan."
"... two-thirds of the study respondents were not saving enough for retirement, while almost 9 out of 10 didn’t have a financial plan."
"... if you need to withdraw some emergency cash from your 401(k) ... you may run into challenges."
"Many people over age 62 who wanted to delay Social Security, which can often be the best overall retirement income strategy to maximize long-term Social Security benefits, may want to consider claiming benefits sooner."
"One reason online retirement accounts are being targeted is they aren’t checked that much. This gives the hacker time to work, and potentially gain access to a particular account."
If these lending markets “freeze” like they did in 2008, it could create a retirement nightmare for anyone who isn’t prepared for the bumpy ride.