Once upon a time, a long time ago, retirement was a stage of life few individuals lived long enough to experience or enjoy. In the early 20th century, the average life expectancy was 47 years! In our modern times, life begins at 40 and retirement has become a life stage that people look forward to, plan for, and only experience after many years of working. Because of advancements in medical knowledge and resources, those retiring at an average age of 65 can expect to spend approximately 18 to 20 years in retirement. Good news? Only if you have a financially sound plan in place.
When all the work is done, life begins
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