One of the greatest hurdles when creating an effective retirement plan is determining how much an individual or couple needs to set aside to be able to draw income in an effort to maintain a comfortable lifestyle throughout retirement. Cary shares tips
27 Ugly Truths About Retirement
Retirement isn’t all sailboats and golf courses. At least, that’s not what the one in four Americans who fear outliving their income think. That’s according to a recent survey by the Indexed Annuity Leadership Council, which also found that nearly one in five Americans don’t have a clue about how much they’ve saved for retirement.
Still, for those worried about retirement, forewarned is forearmed, as the saying goes. We’ve compiled 27 ugly truths about retirement, so you’ll know how to best prepare for each — and increase the chances you’ll truly enjoy your most golden of years.
Cary Carbonaro’s tip
Cary Carbonaro and The Money Queen’s Guide are quoted discussing “Five Steps To Get Your Career Ready For Elder Care”
Saving for retirement doesn’t have to be overwhelming if you break it down into little steps. “Money is an intimidating topic to many of us,” says Cary Carbonaro, Certified Financial Planner, author of “The Money Queen’s Guide: For Women Who Want to Build Wealth and Banish Fear” and managing director of United Capital of New York & New Jersey. “And women often put others’ needs, like our kids’ hobbies or college, before ourselves. But we’ve got to have a vision about what we want for our future to help us get into the habit of saving.” Cary explains how to do it with relatively little pain and fuss
With Memorial Day behind you, beach season has officially kicked off. Your vacation plans are in place: the deposit on the beach house has been made, your week away from the office has been approved, and you’ve got that new swim suit ready to go. Now it’s time to think about how you want to spend those lazy hours in the sun and sand.
You could grab a few of this season’s most popular ‘beach reads’ – all of which are undoubtedly light, fluffy and fairly mindless. Or you can take full advantage of your time off by selecting a book that will help brighten your financial future, yet is still easily digestible.
A list of women to follow on financial Twitter all year round. From economists to traders, here are the women NexChange has selected, including Cary Carbonaro
There are many reasons to move: You want more space, you want less space, you want a good school district, you love city living, you hate city living. But there’s one growing reason to move: You’re getting priced out.
Money Queen Cary Carbonaro has some advice.