Cash flow concerns take center stage for pre-retirees
For baby boomers, this is a banner year. They’re hitting their mid-60s in droves. An average of 11,000 Americans a day will turn 65 in 2024. That’s a record.
At 65, they face big decisions like when to take Social Security and choosing the details of their Medicare enrollment. They also confront other financial issues that tend to fly under the radar.For starters, new retirees need to reset their mindset. Shifting from decades of earning income from work to preserving that income in retirement requires careful planning.That’s a "foreign concept" for many retirees, […]
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