My parents have 176k in their 401k at the age of 57. According to my dad he has a pension that will pay out $1200 per month once he hits 62. They don’t have much cash to their name and they have car loans and some parent plus loans. My parents are able to contribute about $16000 to their 401k annually at this point
What are some things my parents can do to better prepare for retirement?
Submitted March 14, 2018 at 09:21AM by MDGiov http://ift.tt/2HBg1qy
