NYC parents
fromGothamist
4 days agoTeachers union flexes on New York state budget: pension boosts or bust
Improving pension benefits for public employees is a priority for New York City's teacher union amid ongoing budget negotiations.
Unfortunately, millions of Americans are precisely in this situation, as they haven't been able to follow retirement planning to the T. A Redditor on the r/FinancialPlanning subreddit earlier this year, saying they had only $80,000 in the bank and $40,000 in their 401(k). The individual is now seeking a financial planner, which is a smart idea and almost a must at this stage. However, if you're not looking for a personalized blueprint and you want an approximation, you may benefit from reading on.