The Forever Paycheck

Retirement is in crisis. 61% of adults are worried they won't have enough money to support them in retirement. 84% of Gen-Xers are 'concerned or terrified about having no more pay checks in retirement.' 74% of the non-retired Baby Boomers who preceded them and 79% of the Millennials who follow feel the same way. You've been saving for retirement for decades: paying yourself first, maxing out your 401(k) or IRA contributions, compromising on things you want today in order to make tomorrow possible. But what happens when you get to the end of your earning years? How do you take the money you've amassed and not only make it last as long as you do, but do it in a way that brings you the most fulfilment and the least amount of stress? This is something that you simply cannot afford to get wrong. If you do, you'll either run out of money before you run out of time, or you'll discover years too late that you didn't use your money as much as you could have to enjoy your life. The solution is right here. It's a pay check that lasts for the rest of your life: a Forever Paycheck. With the power of a Forever Paycheck comes a simple, revelatory truth: you can spend more, and do more, than you think you can. It's a revolutionary concept. The data shows that people entering retirement often can't bring themselves to spend. But when their money comes as a steady monthly paycheck, they feel much more confident in using it to live life to the fullest. Many find they can spend double with no risk of running out. New research shows that a Forever Paycheck is even associated with better health, lower chances of disability, and a substantially longer lifespan. Whether you plan to work to 50 or 75, have a small 401(k) or a large stock portfolio, like to take risks with your money or always play it safe, bestselling author and financial expert Jean Chatzky provides a step-by-step plan for making your money work for you. Written in collaboration with AARP, THE FOREVER PAYCHECK is packed with the information you need to plan for the future you want.