Wednesday, April 24, 2024

21 Ways to Save For Retirement If You Think Social Security Will Fail

by Scott Bilker
Scott Bilker Scott Bilker is the founder of and author of the best-selling books, Talk Your Way Out of Credit Card DebtCredit Card and Debt Management, and How to be more Credit Card and Debt Smart. Receive the 5-Year Loan Spreadsheet when you subscribe to his email newsletter.

Your current age is the first consideration for making sure you have enough for retirement if there’s no social security. Obviously, the younger you are, the more time you have to prepare– thus putting you in a better position. Also, the more “irons in the fire” (as my father would say) the better your chances. Or like Robert G. Allen says, you need, “Multiple Streams of Income.” You can reduce expenses. Yeah, that $5 cup of coffee, but that’s not going to cut it.

Finish reading my advice about real estate at the original post here from The Financially Independent Millennial.