At 87 years old, Rebecca Reed loved to spend her days socializing with friends and, in her words, “eating bonbons and watching television.” Unfortunately, she doesn’t have the money for that – and she’s not sure she ever will. According to a recent Business Insider interview, Reed has to keep working as a church secretary … Read more
YuriArcursPeopleimages / Envato Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. Announcing your retirement a few months in advance is often considered a courtesy to your company. Not only does it give your employer time to manage the transition and hire a replacement, but it also gives … Read more
During his 40-year career, Scott Scovel saved $3 million for his retirement. But when he retired, he was so fixated on saving that he struggled to start spending. Spending tactics, such as a $50,000 “war chest” helped him adopt a carpe diem approach. I spent my life scrambling and worrying about my retirement portfolio and … Read more