Retirement Planning: Are you ready? Part I
Retirement Planning: Are you ready? Part IRetirement planning is a crucially important part of your future. Financial planners are seeing an increase in elderly people needing their children to co-sign loans or retirees considering filing for bankruptcy. Indebted retirees are also requesting help from their children to obtain an extra credit card and sometimes even mortgages. One major reason why retirees need to ask their children for financial help is because they gave their children extra money over the years.
It is important to stress that there is a growing number of young and elderly retirees in debt and people have to retire or they are being pushed to retire before they can afford it.
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