Retirement planning is a critical component of career planning. Many people neglect this very important step in their planning process. The impact is real. About 26% of people expect to work past their 60s and nearly half of families in the United States have no retirement account savings at all. The median retirement savings for families in the United States is less than $5,000, the median for those with savings is around $60,000. Preparing for retirement is a task that everyone with retirement goals should undertake.
In this podcast, I discuss seven actions you can take to properly prepare for your retirement and achieve your retirement goals.
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NOTE: The data above is from a survey conducted by GOBankingRates.com and from data collected by the Economic Policy Institute.