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Fighting to Save Money

Fighting to Save Money

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In this episode, Extension Educator Camaya Wallace Bechard and Kathy Sweedler discuss barriers associated with short-term and long-term savings goals, and provide some strategies and resources to help address those barriers and start saving more. Resources we discussed during the Podcast: Longevity Calculators: • Social Security Life Expectancy Calculator, www.ssa.gov/cgi-bin/longevity.cgi • How Long Will I Live Calculator, www.blueprintincome.com/tools/life-expectancy-calculator-how-long-will-i-live/about/dean-foster Get Savvy Webinars: Investing Basics and Steps to Investing, go.illinois.edu/GetSavvyPlaylist Related Research: • Hou, Wenliang, “How Well do Retirees Assess the Risks They Face in Retirement?” Center for Retirement Research at Boston College, July 2022, Number 22-10. • Angrisani, Marco et al, “The Early Impacts of the Coronavirus Pandemic on Americans’ Economic Security” Michigan Retirement and Disability Research Center, University of Michigan. Working paper WP 2021-426, UM21-11. Check out our new website at www.extension.illinois.edu/finances for more resources!

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