From Yahoo Finance: 2025-06-22 10:01:00

As retirement nears, financial preparation is key. Personal finance expert George Kamel offers advice on avoiding financial disaster in retirement. Relying solely on Social Security may not be enough, with an average benefit of $2,000 per month. To ensure a comfortable retirement, calculate your needed savings and commit to monthly goals. By diversifying your portfolio with mutual funds, you can maintain a balanced financial strategy. And while retiring early may seem tempting, beware of penalties and missed compound interest opportunities before age 59 1/2. Start planning now to secure your financial future.



Read more at Yahoo Finance: George Kamel’s Top 4 Tips That Will Save Retirees From Financial Disaster