1. Retirement savings may not be as big a hit to your wallet as you think.
2. The power of compounding is a tremendous force.
3. Get the hurt over now.
4. Inflation is one of retirement’s biggest risks.
5. Social Security changes are coming.
B.O.M. — The best of Michelle Singletary on personal finance
If you have a personal finance question for Washington Post columnist Michelle Singletary, please call 1-855-ASK-POST (1-855-275-7678).
Recession-proof your life: The tsunami of economic news is leading consumers, investors and would-be homeowners alike to ask whether a recession is inevitable. Regardless of the answer, there are practical steps you can take to help shield yourself from a worst-case scenario.
Money moves for life: For a more sweeping overview of Michelle’s timeless money advice, see Michelle Singletary’s Money Milestones. The interactive package offers guidance for every life stage, whether you’re just starting out in your career to living an abundant life in retirement.
Test Yourself: Do you know where you stand financially? Take our quiz and read advice from Michelle.
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