Published to Newsletter on Sep 20, 2024
It’s always important to consider your well-being from a holistic point of view, including your finances. National Retirement Security Month, coming in October, is an opportunity to think about your retirement goals and determine if you are on target or need to make some progress.
A new study from the Employee Benefit Research Institute (EBRI) says that 68 percent of us believe we can live comfortably in retirement, but only 21 percent of us feel very confident. Two-thirds of us are worried we won’t have enough money in retirement and workers who have a retirement plan or plans at work have significantly more money set aside. Only 3 out of 5 of us have a very good understanding of how our retirement plans actually work. And only 41 percent of us have calculated how much we and our spouses or significant others will likely need to cover healthcare expenses in retirement.
What are six actions you can take now to keep yourself moving in the right direction?
Do you want to help someone you care about have a more comfortable retirement too? Please share this article with your friends and family, ask folks you know how they are feeling about being on track for their retirement years, and add a post about National Retirement Month on your social media. Thanks for helping to spread the word about this important issue!
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