Did you know that most Americans are behind when it comes to their monthly savings plan and retirement financing? Besides, a report by the Economic Policy Institute shows that as of 2016 (the most recent data), Americans in the 56-61 age bracket had a median balance of $21,000 in their retirement savings plan (401K), and that’s 30 years of their savings.
Creating a monthly savings plan doesn’t need to be difficult and is a great way to organize your income. If you’re starting to plan for your future and retirement, continue reading for some excellent tips.
Starting a Monthly Savings Plan
While a good savings plan can help you start on the road to…