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The good news is that with the proper planning — including an optimized strategy for collecting Social Security benefits — women in their 50s can get on track for a financially secure retirement.
Cathleen Tobin, CFP, owner and financial planner at Moonbridge Financial Design, said her practice is centered on serving women clients. “Over 70% of my clients came through referrals, either ...
The Fidelity study found that among women who invest outside of a retirement account, 63% invest in money markets or CDs. “Both money market funds and CDs are considered relatively safe ...
The study also asked boomers to share their most burning questions about retirement planning. Here’s a look at the top questions, plus, how a certified financial planner would answer them .
Many people plan for retirement as if the rest of their lives will be spent sailing in smooth waters, and they forget to incorporate unexpected events such as inflation and rising healthcare costs.
Part of retirement planning includes determining how much to save and invest so you can enjoy the type of lifestyle you desire. ... the average 65 to 74-year-old has a little over $426,000 saved ...
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