Don't get caught short: set a budget now
Article Abstract:
A budget is a crucial step before making the decision to retire. A realistic budget can show whether people can opt for early retirement and learn their jobs or whether they need to extend wage-earning for a few more years. Many retirees mistakenly assume that expenses drop in retirement, not realizing that additional leisure activities and needs can be costly.
Publication Name: New Choices: Living Even Better After 50
Subject: Seniors
ISSN: 1085-1003
Year: 1997
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Severance packages, inheritances: making the most of an unexpected windfall
Article Abstract:
Unanticipated financial resources such as inheritance and severance pays must be managed by assessing one's present financial status in conjunction with retirement planning. One should determine how to use the additional money and how it can impact the present budget.
Publication Name: New Choices: Living Even Better After 50
Subject: Seniors
ISSN: 1085-1003
Year: 1996
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Should you keep on saving after you retire?
Article Abstract:
Retired people should have a spending plan to ensure that their retirement money will be enough for their needs. Such a plan will help them avoid spending too much and endangering their financial future. It can also prevent them from being too cautious.
Publication Name: New Choices for Retirement Living
Subject: Seniors
ISSN: 1061-2157
Year: 1995
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