Today, Matt Halloran and John Smallwood introduce part one of a series, Retirement Isn’t What It Used to Be. If you’re 20 or fewer years away from retirement, it’s especially important for you to tune in and find out what’s become of our retirement income sources. It’s no longer a three-legged-stool situation.
In this episode, John Smallwood explains how our sources of retirement income have changed since our grandparents’ time: we can no longer rely on pensions and Social Security to cover two-thirds of our living expenses. John’s main goal is to help you think strategically about five variables that could all fluctuate and have a dramatic impact on your bottom line.
Related: How Much Money Do You Have to Accumulate in Order to Retire?