Retirement: What You Should Consider
We all dream of a “successful” retirement, but are you doing anything to help make that success a reality? The truth is that a prosperous retirement isn’t going to just happen. You have to plan in order to find success in retirement. As you consider your retirement options, consider, too, the following:
Where Will Your Money Come From?
The first thing you need to figure out is where your money will come from. You can practice looking for money leaks in your budget right now, in order to reduce your spending. However, you can’t just rely on downsizing during your retirement. You also have to know where your money is going to come from.
Most people assume that some of it will come from Social Security, and some of it will come from the distributions they take from a retirement account. However