Last Ditch Retirement Plans When You Are Close to Retirement Age
You are in a position right now where you simply did not plan in advance soon enough. You want to retire, and soon, but you do not have the money in the bank to do so. If you have waited until the last minute to plan for retirement, there is good news. There are options that can help you, but you will need to take steps to plan now.
Waiting until the last minute is a big risk for several reasons. The biggest reason is that there is little time to take advantage of compounding interest. In other words, … Read more at 2009 Tax.