For many Americans, retirement savings are coming up short. While financial advisors and commentators often recommend investors shoot for a nest egg of at least $1 million, there's not a single state.
Many retirees know Social Security is not designed to be their sole form of income in retirement. This is what makes it so important to start saving early for retirement in accounts like a Roth IRA.
A country's retirement system should be designed to create financial security for retired citizens by providing a guaranteed and reasonable amount of income for life. Unfortunately, not all countries.
Retirement might be years or even decades away, but it's never too soon to check in on your savings plan (or start one, if you haven't). Setting aside money now gives you the opportunity to collect.
Inflation which is continuing to affect many areas, such as rent and groceries combined with high rates which are impacting everything from credit cards to loans and mortgages have all.