The notion of retirement is a lot like the idea of driving a motorhome from coast to coast. At the beginning of your career journey, your goal of retirement seems remote and almost theoretical. By the time you arrive at your retirement destination, you’re surprised and delighted—but may wonder: “What happens now?”
How do you boost your retirement fund?
For many Americans, the answer to “what happens now” will depend on how well they planned for life after full-time employment.
Regrettably, most people set out on their career paths without considering the financial end-game. There is always a consequence to planning or the lack thereof. The end result of not considering the financial end-game? The average Baby Boomer has a retirement account savings between $37,000 and $104,000. That’s hardly enough to cover a very-basic cost of living, let alone pay for emergencies.
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