The Financial Answer

Financial planning guidance from West Tennessee’s Nathan O’ Bryant.

Catching Up As A Late Bloomer In Retirement

Posted on December 12th, 2019

What can you do if you feel a bit behind the curve when it comes to retirement planning? Is there still time for your retirement funds to blossom into the future you’re hoping for?

 

Show Notes and Additional Resources: https://thefinancialanswer.com/podcasts/catching-up-as-a-late-bloomer-in-retirement/ 

 

Today's Rundown: 

0:54 - What it means to be a late bloomer.

3:03 - Catch-up contributions allow you to save more once you turn 50.

4:38 - Take the adult kids off the family payroll.

7:35 - Disappearing debt can help lighten the load.

9:56 - Downsizing the home will free up funds (and time).