It is often argued that there are “good” uses of debt. Yet many people are so burdened by it that they cannot afford to save for the future, which, of course, is not good. In many cases, debt is the hangover from decisions we made months or even years ago…
How much money do you need for retirement? How much should you save each month to reach that goal? Can you afford that? What lifestyle can you afford if you save less than that? There is only one way to answer those questions…
When I talk with people about living within their means, we often hit on the surface issues: going out to eat too often or spending too much on clothes. But it takes courage on the part of the client to get to the deeper issues. Today we reveal long-term shifts in housing that could be damaging to your retirement.