50% of Americans Can’t Afford Their Lifestyle in Retirement: How to Avoid That Fate

50% of Americans Can’t Afford Their Lifestyle in Retirement: How to Avoid That Fate

- in Contributors, Lifestyle, Money, Retirement
1128
Comments Off on 50% of Americans Can’t Afford Their Lifestyle in Retirement: How to Avoid That Fate

Will you have to downsize in your retirement?

Many families plan to adjust their lifestyles in retirement. They swap the family house, say, for a smaller home. Or they move to a less expensive community. When this is a choice, it can be an excellent way to slow down and stretch the value of your portfolio.

Unfortunately, for many households, downsizing won’t just be an option. It will be a necessity.

Read more at Yahoo Finance

You may also like

Is $1.5 Million Enough for Early Retirement? What It Can Buy and Where It Falls Short

According to Northwestern Mutual, the average American thinks they