What should baby boomers consider when planning for retirement?
Baby boomers should consider factors like healthcare costs, social security benefits, and lifestyle changes.
How can I maximize my social security benefits?
To maximize social security, consider delaying benefits until age 70 and ensure your earnings record is accurate.
What are some common mistakes to avoid in retirement planning?
Common mistakes include underestimating expenses, not having a diversified investment portfolio, and failing to plan for healthcare.
What investment strategies are best for retirees?
Retirees often benefit from a mix of income-generating investments, such as bonds, dividend stocks, and real estate.
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