Finance

After working hard for decades on end, raising a family, and giving back to the community, our senior citizens deserve to sail off into the sunset and enjoy their golden years. The current cultural zeitgeist has embraced this concept, as the search terms “assisted living” and “senior living” have skyrocketed in recent years, tripling over the past decade relative to other care options. However, after accounting for the costs associated with retirement homes, medical care, travel, entertainment, and life in general, the essence of a relaxing retirement plan has been strained by exorbitant budgetary concerns. After all, financial consultants around the world have deemed it necessary to have approximately 50,000 pounds of income during each year of retirement, a number that causes many retire...