by Steve Kobrin
Get Your Financial House in Order
Find Peace With Those Around You
Set the Stage for a Comfortable Transition
Source: Investopedia
http://www.investopedia.com/advisor-net ... z4eZbeRy9U
Get Your Financial House in Order
Find Peace With Those Around You
Set the Stage for a Comfortable Transition
In the past few years, I can’t count the number of people who’ve cashed in and hit the road – in RVs, trailers, and in some cases, walking, strolling and biking around the world.
Computers, the internet and employers’ willingness to allow people to work remotely have created the opportunity for people to work from anywhere – the South of France or even somewhere in Asia.
The so-called 4 percent rule doesn't work for everyone and depends on your lifestyle, health and investment portfolio.
About 30% of U.S. workers over age 60 said they don't plan to retire until at least 70, and 20% said they don't believe they will ever be able to retire
While more than half of people say they expect to work past age 65, less than 15 percent of today's retirees kept working that long
1. Start with well-defined goals, and revisit them at least annually.
2. Many people get great satisfaction from work.
3. Another aspect of retirement is lifetime learning.
4. Budgeting is more than setting a top-line spending number based on a pre-arranged percentage.
5. Let’s consider income.
6. Take the time to go through your employment history and discover what benefits you may have forgotten.
7. Invest for your whole life.
1. Life still changes
2. Be prepared for a surprise
3. You will develop a new identity
4. Money is important, but it's not everything
5. You still have to work on relationships
6. The days are long, but years pass quickly
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