Marty gives his take on recent financial news stories. He comments on the fact that many retirees are facing a financial crisis with half having less than $145,000 saved, well below the recommended amount. Other stories Marty commented on include common regrets among retirees include not saving more, not having a written financial plan, underestimating retirement costs, and not planning for healthcare expenses. Retired women are significantly more likely to face financial hardships compared to men. That is also part of the discussion.
Reach Marty at 888-519-9096.