The Best Money Move at Every Stage of Your Life
The best way to handle your money? Depends on where you are in your journey through life.
By Farnoosh Torabi
Photo: wundervisuals/istock
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The Fantastic 50s
Starting around 55, our financial certainty peaks; 62 percent of boomer women feel a strong sense of control over saving and investing, according to Ameriprise. “As you age, you’re more likely to have confidence about what to do, how to do it, and when,” says financial behaviorist Jacquette Timmons.
Eighty percent of female boomer investors say they're satisfied with their achievements.
Your Best Money Move: If you delay Social Security benefits until your full retirement age, you'll receive 100 percent of your benefit.
From the
February 2017 issue of
O, The Oprah Magazine
