Saving for retirement can feel overwhelming, especially when you reach your 40s. Life often throws curveballs unexpected expenses, family responsibilities, and career changes can all impact your ability to save. However, it's not too late to make significant progress towards a comfortable retirement. Experts recommend increasing contributions to retirement accounts, exploring catch-up contributions allowed by the IRS for those over 50, and diversifying investments to manage risk.
Meanwhile, women's professional sports are experiencing unprecedented growth in popularity. From basketball to soccer, viewership and attendance are soaring. This surge in interest is creating new opportunities for businesses in related sectors, such as merchandise, media, and sports training. The success of women's sports demonstrates a growing demand for diverse and inclusive athletic entertainment.
Retirement Planning in Your 40s & Women's Sports Boom
Many people in their 40s face challenges when saving for retirement due to life's unexpected turns. We explore strategies for catching up on retirement contributions during this crucial decade. Plus, we examine the exciting growth of women's professional sports and its positive impact on related businesses. Learn how these trends are shaping the future.
Source: Read the original article at CBS