Predicting exactly what your retirement will be like is about as possible as a meteorologist predicting the weather correctly every single time. In fact, few retirees find their financial futures playing out precisely as they assumed. But, understanding some of the more common assumptions about retirement may help you get closer to your goal than most.
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From the outside, credit unions appear very similar to banks. They both offer similar financial products and services, from savings and checking accounts to loans and credit cards. However, it’s essential to recognize the significant distinctions between these two entities because they can greatly influence your day-to-day financial well-being.
Retirement is a goal everyone strives to achieve, and the sooner, the better. After working hard and setting aside money for years, you deserve to enjoy your golden years. But what if the opportunity to step away from the workforce comes sooner than you expected? While most dream of early retirement, are there drawbacks?