5 Steps to Prepare Financially for Retirement - Episode 15


Manage episode 220850030 series 2316213
By Keith Abell. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
74% of Americans Are Not Ready for Retirement. An estimated 79% of Americans work for an employer that provides a retirement plan, yet new research from the U.S. Census Bureau suggests that only 41% of those employees contribute to their retirement plans. Saving for retirement is not an area of strength for many Americans. Too often, meeting the financial demands of today means delaying, diminishing or simply never starting to save for the future. If the average person has to plan for 20+ years of retirement, retirement savings need to be a lot more substantial. The bottom line is that you should prepare to live a long time and save enough money to not only maintain your lifestyle but also cover unexpected health costs. In this episode we discuss 5 actions you can take to prepare no matter your age. Links mentioned in this episode: Free Spending Plan (Budgeting) http://SpendingPlanClass.com Dave Ramsey, Total Money Makeover: https://amzn.to/2FcT1lg ProsperityRx Blog: http://ProsperityRx.com Side Gig Income: http://AIMHighForSuccess.com

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