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BROKE IN YOUR 40s or 5Os: 5 Steps To Make Enough Money To Retire Comfortably - DO THIS NOW
In this video I share five steps that can be taken if you get to age 40 or age 50 and are not prepared financially for retirement the steps include getting in financial literacy by watching YouTube videos, reading books, doing courses, and hiring a coach. The second step is to identify the source of phones that will be invested in your retirement plan or pension fun to include income from your job, your business, or a side hustle. The second step is to determine what your retirement plan will be to include your pension plan and your retirement fund. Will you leverage employer-based retirement plans are your 401(k) or Social Security to be able to retire comfortably. The next step is to get rid of high interest debts to make more cash available to invest in your retirement fund and the last step is to create an emergency fund and start insurance such as critical illness insurance and health insurance. If you're at or near retirement age and have been struggling to make ends meet, don't worry - you're not alone. According to a recent study, as many as 50% of people over the age of 50 are now struggling to maintain their standard of living.
In this video, we're going to share 5 simple steps you can take to make enough money to retire comfortably. By following these steps, you'll be on your way to a more comfortable retirement years sooner than you thought possible!
#pension #retirementplanning #financialfreedom
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