Retirement Reboot (eBook)

For millions of Americans, the COVID shock has brought retirement saving to an abrupt haltnow its time to get back on track.Even before the pandemic, a large share of households by Americans over age 50 faced the threat that their living standards would decline sharply in retirement. In the wake of COVID-19, these numbers will surely worsen. In Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track, finance writer and regular New York Times retirement contributor Mark Miller offers practical strategies for Americans to improve their retirement prospects.If youre nearing retirement age and worry you havent saved enough, Retirement Reboot will walk you through the core decisions to make now to improve your retirement outcomeseven if retirement is just a few years away. Youll learn how to make a plan, think through the timing of retirement, optimize Social Security, navigate Medicare, build savings, and tap home equity. Youll also explore ongoing strategies, such as careful budgeting, generating income from work even after retirement, planning for long-term care, and leveraging special assistance aimed at low-income workers. If you have low savings, or none at all, Millers simple steps can help you make the most of your remaining working years and reboot the retirement you always imagined.