Retiring on a budget can be a daunting task, but with a little preparation and planning, it is achievable. First, it’s important to have a clear understanding of your financial situation.
Here are some tips for retiring on a budget so you can enjoy your golden years.
HARTFORD, Conn. – In Connecticut’s newly proposed budget, Governor Ned Lamont’s administration is doubling down on their efforts to make healthcare more affordable for state residents. The proposal acknowledges the significant economic burden healthcare places on individuals, employers, and taxpayers in the state. With a historically poor track record on healthcare reform, the administration’s commitment to addressing these challenges is evident in their latest budget proposal. One of the most notable proposals in the budget …
ALBANY, N.Y. – Home health worker organizations are lobbying for a reversal of a provision included in last year’s state budget that they say left many providers without a crucial revenue stream while increasing funds going to a politically connected union. The provision reduced a state-funded supplement for the wages of home health workers and was quietly included in the budget deal after negotiations held behind closed doors. At the same time, funding for a …
LANSING, Mich. – Governor Gretchen Whitmer is set to propose increased funding for Certified Community Behavioral Health Clinics (CCBHC) in the upcoming state budget, aiming to expand access to mental health care and substance use disorder services for Michiganders. Whitmer plans to outline her budget vision for the state’s Fiscal Year 2025, with a focus on boosting investments in CCBHCs. This move comes as part of the governor’s ongoing efforts to prioritize mental health and …
San Francisco, California – A former Goldman Sachs analyst who retired at 34 with a $3 million net worth has disclosed that his family now requires an annual income of over $230,000 to live comfortably in the city. Sam Dogen, now 46, relied on passive income from his investments in stocks, bonds, and real estate to support his family. However, in a recent post on his Financial Samurai blog, Dogen revealed that he had to …