1mflourish's Podcast

Retirement planning is intimidating, and it's hard to know where to start. Do you feel like you're behind? Are you worried that it's too late to save for retirement?The fact is, there's no one right answer when it comes to how much you need to save for retirement. Depending on your age, income, health, and other factors, you may need more or less than the average person.If you're not saving adequately for retirement, then you're setting yourself up for a difficult future. You may have to work longer than you'd like or make significant cuts to your lifestyle in retirement.If you are a baby boomer, did you save enough for retirement? The answer is dependent on what you mean by "adequate."Americans have traditionally relied on Social Security, private pensions, and personal savings to secure their retirement income. This system has served the seniors well Since World War II.But the future is uncertain. The baby boomer generation has created a long-term imbalance in So