To learn more about the changing landscape, Midland National recently surveyed hundreds of individuals about how COVID-19 has impacted their finances. Nearly half of the respondents agreed that the pandemic has influenced the way they manage money and how they save for retirement.
Whether single, married, widowed, or divorced, women are seeking ways to empower themselves and each other. This is especially true for finances and retirement planning.
Retirement should be a time for rest and relaxation. But retiring isn’t always that simple. There are some costs you might not expect. Here are some expenses you might want to look out for when you are planning for retirement.
Retirement is something a lot of people look forward to experiencing. Whether it’s traveling, starting a long-desired hobby, or spending more time with the grandkids, your retirement will likely be spent doing the things you never had the time for when you were still working. However, without a career to structure your days, you may find you have an abundance of time on your hands.
To help make sure your retirement plan is on track, it’s important to review and determine if you need to update your plan, especially if you’ve experienced a big life event.
