Jean Chatzky sends strong message on 401(k)s, Social Security
The former financial editor of NBC's 'Today Show' shares important words about retirement savings.
As many Americans are aware, planning for retirement inevitably involves assessing several critical financial checkpoints regarding one's age to ensure long-term financial stability and to uphold one’s desired lifestyle.
Daily living expenses — including essentials such as food, utilities, phones and transportation — shape U.S. workers' budgets and influence how much they can save and invest.
Evaluating Social Security benefits and reliance on personal savings, such as 401(k) plans, is equally crucial. Key challenges also include managing rising health care costs, countering inflation’s impact on fixed income, and ensuring that one's assets are set to last throughout retirement.
Jean Chatzky, former NBC "Today Show" financial editor and current AARP (American Association of Retired Persons) understands these concerns — and steps in to help Americans make some sense out of ways to maximize monthly Social Security paychecks and employee-sponsored 401(k) plans.
