Government Shutdown Looming: 4 Must-Know Survival Tips for Retirees

Navigating through a government shutdown can be a daunting task, especially for retirees who might be on a fixed income. A government shutdown will transpire if Congress doesn’t pass the necessary appropriations bills to fund government operations by October 1, marking the onset of a new fiscal year. Even a partial enactment of these bills can lead to a partial shutdown, which can have far-reaching effects. A shutdown will affect you at some point.  Here …

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Is Your Retirement Fund Enough? Why Most Americans Are Dangerously Short

Planning for retirement is daunting, primarily because it’s challenging to predict the exact amount you’ll need to live comfortably during your golden years. Several variables come into play, such as your retirement age, health condition, desired lifestyle, and the unpredictable nature of inflation. Traditionally, the magic number has been $1 million. It’s a neat, round figure that many believe would suffice for a comfortable retirement. However, recent studies suggest that this number might need to …

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