Ready, Set, Retire! Preparing and Enjoying Your Retirement Years
The average age of retirement across the United States ranges from anywhere between 61 and 66. The actual age differs per state, obviously due to several factors. Instead of viewing retirement as the end of things, one can take the more pleasant road and take retirement as the golden opportunity to enjoy the fruits of a life’s worth of toil.
The so-coined FIRE movement (Financial Independence, Retire Early) is growing in popularity. Its popularity might speak to most, if not everyone’s, dream to finally enjoy “the easy life.” Of course, though, to truly enjoy a comfortable retirement takes more than just dreams—it requires actual preparation.
How Much Savings Do You Need for Your Retirement?
On average, a good nest egg for retirement ranges between $700,000 and $1 million in the U...