You're listening to The Word on Wealth Tidbit, where John takes a fun approach to the serious matter of your money.
Sometimes workers are forced into retirement for circumstances outside of their control. Reports show that due to the current pandemic, about 48% of workers will be retiring earlier than planned. What are you doing to prepare for this potential outcome?
We encourage you to take a good look at your current budgets and what you're contributing to your savings and retirement accounts, and that you're consistently putting money into your financial future.
A good tip is to treat your retirement like a bill that you need to pay. This way, you will be prepared in the event you're caught in a scenario where you have to retire early.
Don't run out of money, before you run out of time.