Running out of money is not on most people’s bucket list, yet most worry about it. A recent study found that 80% of the interviewees feared running out of money. In another study, people said they were more afraid of running out of money than dying.
And it is a reality for many. Studies show that up to 40% of people rely entirely on Social Security for their retirement income.
In addition, of those living in poverty over age 65, almost 75% are women. Many of these women were not broke or poor while married or working.
In this episode, you will learn:
* How to get your spending under control (and understand why you or a loved one overspend?
* The process of tracking expenses
* One of the most commonly missed reasons people run out of money
* One of the best options to avoid running out of money in retirement
Overview of what you will learn in this episode:
>> (3:43) How to stop overspending
>> (8:08) Where you need to focus your attention and energy
>> (10:29) What to avoid when investing
>> (12:30) Additional tips to create a secure financial future you love
Links Referenced in the Show:
The Financial Freedom Guide:https://themillionaireinsider.com/ffg
Get your Free Financial Checkup: https://themillionaireinsider.com/fc
Show notes and more information:https://themillionaireinsider.com/55
This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.