Money Matters Monday: preparing for retirement

Money Matters Monday: preparing for retirement

Local financial professional Barry Bigelow joined GMN to share how people can get ready financially, emotionally, and relationally in retirement.

May is older Americans Month, which is a great time to talk about how we can prepare for the transition into our golden years. Local financial professional Barry Bigelow joined GMN to share how people can get ready financially, emotionally, and relationally in retirement.

Older Americans face many challenges including wealth and loneliness. To prepare for retirement, people will want to make sure they have an income plan that shows where the money is going to come from that will pay bills regardless of what is going to happen in stock market. The income plan should work with a long term tax plan and plans for the risk of long term care as well.