How to Simplify Your Financial Life Before Retirement
Before you turn in your two-weeks notice, consider the different ways you can make your life a bit easier before you officially start your new and exciting chapter.
Before you turn in your two-weeks notice, consider the different ways you can make your life a bit easier before you officially start your new and exciting chapter.
Do you know how you will afford retirement? Many people choose to generate their retirement income through a combination of options. This includes social security, a 401(k), an IRA, or even real estate.
You’ve worked hard for years, saved diligently and now you’re ready to relax in retirement. But if you’re part of a couple, it’s important to approach this life transition as a partnership through open communication and honest dialogue.
As you work with your financial planner to create a withdrawal strategy throughout retirement, you’ll want to consider the differences between two of the most popular strategy types: systematic withdrawal and the bucket approach.
Retirement is a momentous chapter in your life and deciding where to spend it should be equally exciting.
We’ve rounded up the four most common mistakes soon-to-be retirees make regarding their money, so you can prepare now to make your transition into retirement a bit smoother.