Tag: downsizing before retirement
Prepare for Impact: You’re 55-Years-Old and Broke
Imagine you’re in the following predicament. You’re 55-years-old. You don’t own your home, you rent. You also have less than $1,000 in the bank, no retirement savings, and no pension. On the bright side, though, you’re employed, have little consumer debt, and are relatively healthy. Is a decent retirement possible given these circumstances? It is.…