Short on Savings? 3 Alternatives to Working in Retirement.
It's pretty much a known thing that retiring on just Social Security means retiring on very little money. That's why American workers are often encouraged to save for retirement as well as they can.But sometimes, life gets in the way. When you don't earn a particularly large paycheck, it can be very hard to come up with the money to fund your IRA or 401(k) plan -- especially if you're also grappling with costs like homeownership and raising kids.Image source: Getty Images.Continue reading
It's pretty much a known thing that retiring on just Social Security means retiring on very little money. That's why American workers are often encouraged to save for retirement as well as they can.
But sometimes, life gets in the way. When you don't earn a particularly large paycheck, it can be very hard to come up with the money to fund your IRA or 401(k) plan -- especially if you're also grappling with costs like homeownership and raising kids.
Image source: Getty Images.
