What’s going to happen when you retire? How much money should you have and what can you about it now? We’ve gone straight to the source to get you the answers you need to retire with confidence.
Economist Teresa Ghilarducci has spent years studying and teaching the economics of retirement, first at Notre Dame and now at The New School for Social Research in New York. She is the trustee for a $53 billion retiree healthcare fund, and in her new book, How to Retire With Enough Money, she lays out in plain language anyone can understand how to plan for your retirement.
What’s her first piece of advice? Fire your financial advisor. She explains why.
She also offer some real world advice for saving for retirement, including on the kinds of friends you keep and on learning to love the stuff you already have rather than buying new things.
For more retirement tips, click here to visit Teresa’s website.