REVERSE YOUR THINKING™
  • Home
  • Custom Proposal
  • Expand Your Thinking
    • Historical Background
    • Social Security Needs Help
    • Congress Has Another Money Saving Idea
    • 25 Ways You Could Use Reverse Mortgage Funds
    • What Is A Reverse Mortgage - In-depth Info
    • Aliens
    • Glossary
  • Be Financially Healthy
    • Staying Financially Healthy
    • Elder Abuse
    • Testimonials
    • About Us >
      • WestCal Concierge
      • Professional Concierge
  • LESS
  • Reverse Products
    • HECMLOC vs. HELOC
    • HECM for Purchase
    • Proprietary Jumbo Reverse
    • LESS - Limited Equity Share
  • Events

Staying Financially Healthy

Future Retirees Have To Get Creative and Plan For Retirement

6/22/2018

0 Comments

 
Many Americans entering retirement age have a bleak outlook on their way of life.  Some reports are finding that one third of these Americans have saved less than $5,000 for retirement. Also these reports state that many more baby-boomers have $25,000 or less available in retirement.

Overall, many Americans state they have zero in retirement savings.  This harsh reality becomes even more dire if and when Social Security as a safety net is no longer be available. Most Americans believe that they will indeed outlive their retirement savings.

The growing complexities of the financial implications during retirement are proving as a cautionary tale to millenials that it is never too late to start saving and planning.  A remarkably high number of Americans are yielding to the perception of working long past retirement age; especially when their professional satisfaction is overshadowed by the desire for disposable income.

Americans are becoming more creative with how they overcome these challenges. According to Rebekah Barsch, VP of Planning at Northwestern Mutual, “Continuing to work later in life should be a personal choice and not a mandatory requirement for survival. … Proactive financial planning can be the difference between a desired and a default retirement lifestyle.”
0 Comments
    Picture
    Mathius Marc Gertz MBA, AFC®
    Marc has 36 years in financial services and 6 years in teaching.
    View my profile on LinkedIn
    Visit Us on Google

    Archives

    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018

    Categories

    All
    Real Stories

    RSS Feed

      Stay in Touch!

    Join Our Newsletter
Welcome Home | Custom Proposal | What is a Reverse Mortgage? | Terms Of Use | Privacy Policy | Glossary
Mathius Marc Gertz MBA, AFC® | ​BRE #001999021 | NMLS #1125159 | West-Cal Mortgage & Investments Inc. NMLS #1033965 DBA WestCal Mortgage, Reverse
310-447-5266 | marc@westcalmtg.com |1620 Broadway, PO Box 3707, Santa Monica, CA 90408
Reverse your thinking ™ | Copyright 2018-2019 | SAYWHYNOT, LLC. | Website by Rhonda May
NRMLA-Mathius-Marc-Gertz
CalCPA-Mathius-Marc-Gertz
BHBA-Mathius-Marc-Gertz
SMCC-Mathius-Marc-Gertz
Equal-Housing-Lender-Mathius-Marc-Gertz
ALCA-Mathius-Marc-Gertz
SMBA-Mathius-Marc-Gertz
LAGLCC-Mathius-Marc-Gertz
FPA-Mathius-Marc-Gertz
NAIPC-Mathius-Marc-Gertz
  • Home
  • Custom Proposal
  • Expand Your Thinking
    • Historical Background
    • Social Security Needs Help
    • Congress Has Another Money Saving Idea
    • 25 Ways You Could Use Reverse Mortgage Funds
    • What Is A Reverse Mortgage - In-depth Info
    • Aliens
    • Glossary
  • Be Financially Healthy
    • Staying Financially Healthy
    • Elder Abuse
    • Testimonials
    • About Us >
      • WestCal Concierge
      • Professional Concierge
  • LESS
  • Reverse Products
    • HECMLOC vs. HELOC
    • HECM for Purchase
    • Proprietary Jumbo Reverse
    • LESS - Limited Equity Share
  • Events