Money milestones: This is how your finances should look in your 60s

Larry Marfise, the athletic director at the University of Tampa, was just starting his career when he decided it was important to begin saving for retirement — he saw older people who never got to follow their dreams to travel and enjoy their later years, and he didn’t want that to happen to him.

Now at 66, decades after he began saving, he’s still working — but because he wants to. He has two sons in college, and a wife with similar savings values, and he’s accomplished all he’s wanted to through the years. There were times when he had to stretch his income to have food, shelter, clothing, money for his goals as well as retirement savings, but he made it work.

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