5 Signs You Might Be Better Prepared for Retirement Than You Think
Article Excerpt: "...you don’t necessarily have to be alarmed if you aren’t sporting a seven-figure balance in your retirement nest egg. In fact, there are plenty of retirees that not just survive but actually thrive with much less in savings. Here are some of the signs that you might be better prepared for retirement than you think. You’ve Paid Off Your Mortgage Housing is the biggest monthly expense for most Americans. If you’ve paid off your mortgage by the time you retire, however, you eliminate that huge expense from your monthly budget. ...average payment on a mortgage initiated in 2023 being $2,317"
Resource: yahoo.com