Having an emergency fund is essential for several compelling reasons. First and foremost, it serves as a vital safety net, providing financial security and peace of mind during unexpected hardship. Life is full of uncertainties, and emergencies such as medical emergencies, sudden job loss, major home repairs, or car accidents can strike at any moment, … Read more
According to a recent Age Wave and Edward Jones survey, most retirees experience unexpected events after retiring. The survey reveals that 69% of men and 81% of women encounter such events. Retirees consider preparation, adaptability, and flexibility as essential qualities for a successful and sustained retirement. In fact, 93% of them believe that these traits … Read more
Recent research conducted by Age Wave and Edward Jones explores the challenges individuals face during retirement, referred to as “cannonballs” Recent research conducted by Age Wave and Edward Jones explores the challenges individuals face during retirement, referred to as “cannonballs” and “curveballs.” While retirement planning may involve envisioning newfound free time and activities, unexpected events and setbacks are inevitable. The study emphasizes the importance of managing and overcoming these challenges to lead an active and purposeful retired life.