The last decade has been very hard on savers and retirees in America. It started in 2009, when the Federal Reserve decided to lower interest rates to zero, and that’s where rates have remained.
Given the Federal Reserve’s continued dovishness – it is even more important to have a detailed retirement plan today:
Unfortunately, most people are not doing this:
Morningstar has a great interview with noted financial planner Harold Evensky – discussing how to maximize savings, build sustainable retirement income, and plan for longevity:
- Morningstar – Evensky: Strategies for Securing Your Retirement
If all else fails – you can always be a Wal-Mart Greeter!
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