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Lower Your Debt. When you're in your 40s, it's not enough to put money aside for retirement. You also need to tackle outstanding debt. "Start with the basics.
If you plan to maintain your current standard of living in retirement, you’ll need 70% to 90% of your pre-retirement income, according to the U.S. Department of Labor. If you’re currently ...
Dave Ramsey approaches retirement planning with the same commonsense wisdom as the rest of this financial advice. He has personally lived the path to debt freedom and has guided countless others ...
Saving for retirement isn't a one-size-fits-all proposition. How much you need to save depends on a variety of factors, including the type of retirement lifestyle you hope to lead as well as how ...
The earlier you plan, the better, but following these ten steps can help make all the difference in making sure you’re prepared for the retirement you want. Tips for Retirement Planning
Major steps in retirement planning correspond to ages that create pivotal opportunities and risks. Contributing more before 50, making penalty-free 401(k) withdrawals at 55 and claiming Social ...
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