Retirement Realities: Will You Have Enough Money To Retire?
The more money you have saved the more options you will have in retirement. It's that simple!
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The more money you have saved the more options you will have in retirement. It's that simple!
I am hoping I never have to retire, because retirement is a scary state of being.
That is a line from a fairy tale! Too many darn things can go wrong with your planning.
The reality is that may not be possible for a variety of reasons.
The reality is Social Security was designed to replace only about 40% of your current paycheck and less if you are a high wage earner.
The reality is there may not be a lot of money to inherit.
The reality is if you start later in your working career you will need to save more money than if you had started younger.
Most small businesses, especially ones run from home, have not given enough thought to planning for disasters, natural or manmade.
If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
Normally if you purchase capital equipment for your business, you don't get to expense the total cost of the equipment the year you buy it.
Some critics say Uber's leasing affiliate is taking advantage of people and now the company has caught the attention of state investigators.
There are many tax deductions for the self-employed and to learn more get yourself a good CPA for your team of advisors.
According to the SBA, Massachusetts has close to 640,000 small businesses which employ 1.4 million folks which is about half the workers in Massachusetts and represents 99% of the businesses in the state.
Want to work for one of "America's Best Employers"? According to Forbes, many of them are right here in Massachusetts.
A third of scam victims are folks over 65 according to the AARP but they make up only 1/8th of the population.