Debt Payoff - Truenewj

You’re 50, with ,000 in debt and nothing saved for retirement: here’s how to reach 0,000 at 65

You’re 50, with $30,000 in debt and nothing saved for retirement: here’s how to reach $500,000 at 65

amefika1 month ago05 mins

Picture this: You’re 50 years old, making $70,000 a year, and finally, after years of financial turbulence, you’re in a stable enough place to evaluate where things are. The problem? He has $30,000 in debt spread across student loans, a personal loan, and a stubborn credit card balance, and his retirement savings are almost nonexistent….

Retirement Planners: Here’s What I Tell My Millennial Clients to Save for Retirement

amefika5 months ago05 mins

Millennials haven’t had the smoothest financial path and many still feel unsure if they are saving enough for retirement. With high student loan balances, high housing costs, and a series of economic shocks throughout their working lives, it’s no wonder this generation has difficulty determining a realistic savings goal. Planners say millennials need frameworks that…