Saving and investing for retirement has always been challenging, but in the turbulent economic times we've been living in lately, it can be even tougher. Inflation and talks of a recession have made many people fearful of the future and whether they will be able to make their investment goals this year.
That's why in this episode of the podcast I wanted to discuss some tips by the experts on what you can do to be sure you are staying the course and doing what you need to do to reach your ultimate goal: a comfortable retirement!
In this episode you will learn:
- How Moving in Retirement Can Help
- How Much Savings Will You Need
- How to Recover From 2022 Losses
- Retirement Investment Tips for Women
- Spousal IRAs
According to Divorce.com, the U.S. has the highest divorce rate in the world at 40-50%, although the Census Bureau report suggests that the rate dropped from 2009 to 2019. 60% of second marriages and 73% of third marriages end in divorce.
Divorce is also expensive, both financially and emotionally. But beyond the lawyers fees, there are many hidden costs that can wreak havoc with your personal finances and which need to be considered. That's why in this episode of the podcast I wanted to discuss those, so that if you are getting divorced or considering it, you can take them into consideration and maybe minimize them.
In this episode you will learn:
- How to Prepare for the Hidden Costs
- "The Worst Offenders" of Hidden Costs
- The Impact on Financial Planning