
Why Retirees Need Good Credit Scores
We spend much of our adult lives working, borrowing, and buying. A good credit score is our ally along the way. It retains its importance when we retire.
We spend much of our adult lives working, borrowing, and buying. A good credit score is our ally along the way. It retains its importance when we retire.
The Government Accountability Office says 29% of households headed by people 55 or older have no retirement account and no employer pension.
What can you start doing today to make that effort more productive, to improve your chances of ending up with more retirement money, rather than less?
Looking at Social Security Income. Should you apply now to get earlier payments? Or wait for a few years to get larger checks?
You can probably envision how most of your retirement money will be spent. You just have to remember that your retirement fund is not a bottomless well.
The bad news: 44% of millennial women are not saving for retirement at all. The good news: 56% of millennial women are saving for retirement.