At some point during their lifetime, most people wonder whether they’ve done enough – if they’ve made a positive impact, particularly as Americans plan their golden years.
For most people, I think that concern increases as they get closer to retirement – they wonder what their earning years have bought for themselves and the people they care about, which may extend to their greater community.
You don’t have to be super-wealthy to make a significant contribution to others. The smarter you are with the wealth you do have, however, the more of an impact you’ll be able to have.
If you want to make a difference with your money, you’re better off having your financial affairs in order. Here are a few suggestions.
Now is the time to design a lifetime income plan
Simply attaining a minimum figure in savings probably won’t work; such figures do not account for family emergencies, inflation, etc. Social Security does not cover what it used to, and its future is uncertain at best.