​Quick Tip: How to prepare for financial future 

Quick TipFriday, January 17, 2025 2:50AMJason Knowles has some tips for retirement.CHICAGO (WLS) — Here’s a quick tip about your financial future.A recent survey from experts at badcredit.org says that 59 percent of retirees don’t have enough money to sustain their retirement.ABC7 Chicago is now streaming 24/7. Click here to watchIn fact,one in four have had to return to work because they lack sufficient resources.The top concerns are unforeseen expenses, the rising cost of living and outliving their savings.Quick Tip: Car insurance costsIf you’re nearing retirement, plan carefully.Build an emergency fund, create a realistic budget and consider speaking with a financial advisor.If you’re younger, the earlier you startsaving in a 401K or long-term investment the more prepared you’ll be to avoid these struggles later.Report a correction or typoCopyright © 2025 WLS-TV. All Rights Reserved.Related Topics PERSONAL FINANCE CHICAGO LOOP QUICK TIP I TEAM CONSUMER RETIREMENT SAVINGSQuick TipWatch LiveTop StoriesPrivacy PolicyDo Not Sell My Personal InformationChildren’s Privacy PolicyYour US State Privacy RightsTerms of UseInterest-Based AdsPublic Inspection FileFCC ApplicationsCopyright © 2025 ABC, Inc., WLS-TV Chicago. All Rights Reserved.