A recent study by Provision Living shows the top reasons why working seniors are delaying retirement. According to the Social Security Administration, the current age to receive full benefits is 66 years old. But many seniors are working rather than enjoying retirement. A previous study by Provision Living listed the cities with the most working…
Tag: retirement
Study: Cities With The Most Senior Workers
As the retirement age continues to increase, it’s not surprising that many people are working past age 65. For some the reason may be a need to stay active and intellectually stimulated, but for many the reasons are financial. Retirement savings took a huge hit during the financial crisis and employees are still trying to…
Saving Money When You’re Broke
Financial experts are always advising people to save for various things like retirement and emergencies. But the amounts suggested may seem unrealistic for most people. When you’re living paycheck to paycheck, saving an entire year’s worth of living expenses or a million for retirement seems almost impossible. However, that doesn’t mean you shouldn’t save anything…
Setting Financial Priorities After College
Recent college graduates often don’t know how to prioritize financial obligations. Entry-level salaries don’t often go far, especially when there are bills and possibly debts to pay. Which debts should you pay off first? How much should you aside for emergencies? And what about retirement? A few guidelines on how to manage your money after…