Our team of AARP Wisconsin red-shirted volunteers is having a huge presence at all six of the state budget hearings being held across the state in April, and one of the ideas we’re floating at these hearings is something we’re calling the “Silver Dividend.”
Results of a new study commissioned by AARP WI and released this week shows that even modest increases in the net worth of those who save the least for retirement would greatly improve retirement readiness and reduce government spending on public assistance programs.
When it comes to financial planning for retirement, don’t make the mistake of thinking your monthly Social Security payments will be enough for you to continue living the lifestyle you want. Because chances are, they won’t.
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