One of the biggest mistakes Americans make around their finances is never having taken the time to find out if they are on track for financial independence. Many of us blindly follow a money belief that “Things will work out.” Sometimes they do. Many times they don’t.
A recent study reported the average baby boomer has saved only $50,000 for retirement. Clearly, this is a generation that has fumbled through life believing things would magically work out for them in the end. With politicians just beginning to come to the reality that drastic cuts will need to be made in Social Security and Medicare to keep the programs sustainable, it appears things may not work out for the boomers as well as they had hoped.
You, however, can avoid becoming a retirement statistic by doing some simple planning and becoming aware of what you need to be saving monthly to assure your financial independence. We are making available a free financial roadmap that you are welcome to use and share with your friends.