Retiree Net Worth: Strategies for Financial Stability

Retirees in the U.S. have an average net worth of nearly $288,000, with homes and investments contributing significantly. However, individual situations vary due to debts like mortgages and credit card balances. Experts recommend strategies like earning strong yields on savings, managing spending and debt, and potentially earning a modest income through part-time work to protect and strengthen retirement wealth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.