Are You Prepared to Retire?

In 2023, the average American retiree had about $170,726 in retirement savings, a decrease from $191,659 at the beginning of 2022. This 10% reduction is significantly lower than the recommended $555,000. Only 12% of retirees have achieved or exceeded this recommended savings amount. Retirees have expressed various regrets regarding their retirement planning. A majority admit…

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What is the cost for Independent Living?

The cost for living in a 55-and-older community can vary widely depending on where it is located. In the least expensive states, median monthly costs are less than half those in the most expensive states. The national median cost per month for independent living is $3,000, with Alabama coming in most economical ($2,376) and Hawaii…

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