Being retired usually means having more free time. Making the best of your new found freedom will mean a lot more fun! Start with these simple tips.
When it comes to planning for your retirement income, it’s easy to overlook some of the common factors that can affect how much you’ll have available to spend. If you don’t consider how your retirement income can be impacted by investment risk, inflation risk, catastrophic illness or long-term care, and taxes, you may not be able to enjoy the retirement you envision.
Research shows that more than 50 percent of people who haven’t planned for retirement are nervous about the impending change, however 95 percent of people who have prepared are optimistic and excited about giving up work.
Whether you’re already enjoying retirement, or planning ahead for it, here are a few things you might not know about retirement.
After working all those years, the day has finally come for you to retire. You fill out your paperwork, your co-workers throw you a part, and finally you say your goodbyes. Now what?
When was the last time you got a do-over? Maybe you took a mulligan in your last game of golf, or you had the chance to revamp a project at work for better results. Unfortunately, financial mulligans are few and far between, and are almost nonexistent when it comes to retirement.