Concerns about inflation, fear of a future recession, and stock market volatility lead many Americans to postpone their retirement plans. According to a Nationwide Retirement Institute poll conducted in August, 40% of workers aged 45 and up had decided to hold off on retirement.
Retirement is a time when many people hope to live a comfortable and relaxed life, free from financial worries. However, the reality is that planning for retirement can be stressful and complicated, especially when it comes to managing your finances. A major factor in securing a comfortable retirement is your credit score, which can impact your ability to save and invest, access loans, and secure other financial products to help you reach your goals.