9 Retirement Expenses Every Senior Should Plan For [The Motley Fool]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: The Motley Fool
What will retirement cost you? Here are some common expenses seniors face and how to lower them as much as possible. Retirement is a milestone that countless workers look forward to. It's also an expensive prospect that tends to catch seniors off guard. In fact, the U.S. Bureau of Labor Statistics (BLS) reports that the typical senior spends about $46,000 a year in retirement. Since the average retirement length in the country is 18 years, we can project that the typical retiree will need an $828,000 nest egg to pay the bills upon leaving the workforce. Of course, the challenge in planning for your golden years is that it can be hard to pinpoint exactly what your expenses in retirement will look like. Also, while the average retirement in the country is 18 years, if you retire early , you could be looking at 25 to 30 years or more. IMAGE SOURCE: GETTY IMAGES. Here, we'll review some common monthly expenses seniors face to give you a sense of what you might spen
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News
- 5 surprising long-term care insurance benefits you should know [CBS News]CBS News
- The 5 ‘big money' mistakes retirees (almost) always regret in 2024 [Yahoo! Finance]Yahoo! Finance
- The No. 1 mistake people in their 50s make with their money, according to a CFP—and how to fix it [CNBC]CNBC
- Genworth Financial, Inc. (NYSE: GNW) had its price target raised by analysts at Keefe, Bruyette & Woods from $6.50 to $7.00. They now have a "market perform" rating on the stock.MarketBeat
- CEOs are becoming more optimistic about the future. AI is a big reason why [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 4/26/24 - Form 13F-HR
- 4/17/24 - Form PX14A6G
- 4/11/24 - Form S-3ASR
- GNW's page on the SEC website