retirement: Creative Ways to Retire Without Savings
- 05/18/11 04:36 PM
Like many baby-boomers today, you may be faced with an upcoming retirement and a lack of a retirement savings account due to the rough economic times of the past few years. A recent CBS MoneyWatch article tackles this problem by suggesting resourceful ways to make retirement work for you. One bold idea is to pair up with another married, retiring couple, pooling together Social Security income for a manageable budget. Social Security income at age 66 will be $2,000 per month, with an additional $1,000 per month for the spouse, resulting in a $36,000 per year income. If you find … (1 comments)
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