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3 Strategies to Retire with Confidence Thumbnail

3 Strategies to Retire with Confidence


A recent survey by AARP found that many Americans over 50 don't feel confident about their finances. However, if you follow these 3 specific strategies, as explained by Dustin with Mundorf Wealth Management   to Erin Kennedy you will certainly feel more in control, and you'll be setting yourself up for a financially happy retirement. Here's a look at those three strategies:

  1. Utilize the Bucket Strategy: segment your money based on time horizon which will allow you to grow your savings while still paying the bill.
  2. Consider Semi-Retirement: According to data from the Bureau of Labor Statistics, the number of people 75 and older who are still working is expected to grow by 96% by 2030
  3. Have a Plan (crunch the numbers): only 42 % of people have ever calculated what they'll need to live on in retirement. First step, make a budget. Then, create a plan that allows you fund your ideal retirement

If you have any questions about how to finance your retirement to make sure you don't outlive your money, feel free to reach out to Dustin. Just text or call the number on the website, or book a free chat by visiting www.LongLiveMyMoney.com

#Retirement #WealthManagement #FinancialPlan #FinancialAdvisor

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