Overall, it's important to plan ahead and save as much as possible in order to be prepared for the financial realities of retirement. This may include working with a financial advisor to develop a retirement plan that takes into account your specific needs and goals.
Longevity literacy is important for older adults to have a good understanding of the factors that affect how long they may live and to make informed decisions about their retirement planning.
Many grandparents have been victims of this scam, which is also sometimes called the "grandparent scam." What makes this type of scam so effective is that it plays on the emotions of victims, who want to help their grandchildren.
With the rising costs of living and social security benefits, retirement plans often do not provide enough income to live on. Fortunately, there are many ways you can boost your budget.