Tag Archives: Shockingly

Photo by pathdoc / Shutterstock.com When it comes to planning for retirement, Americans have some basic facts wrong. In fact, shockingly wrong. Fidelity Investments’ 2021 State of Retirement Planning Study revealed three huge misunderstandings about investing and retirement that working-age Americans widely share. All of these errors could prove costly …

Photo by Nadino / Shutterstock.com If you are a retiree who finds it tough to make ends meet, join the club. Retiree households had an estimated median income of just $ 29,000 before taxes in 2019, according to the 20th annual Transamerica Retirement Survey of Retirees. Even worse, just over …