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Planning Early Retirement | for Those Not Named Tiger Woods,
by Jim Roche NJ on Dec 13, 2009
"Flying by the Seat of Your Pants" might have worked just fine while you were employed, but ignorance or mistakes in early retirement planning can cost you dearly. Retiring early , choosing the wrong investments, withdrawing too much money or failing to plan for health-care costs can all turn your golden years to brass. Although there is no guarantee you'll avoid unpleasant surprises if you plan -- but you can probably tip the odds in your favor. Here's a checklist to get you started. (As you get going, your Retirement Planning can help you make sure the numbers add up.) 10 years out Think about where you'll live . Demographic surveys show most retirees "age in place," meaning they continue to live in the same house, or at least the same community, as when they retired. But downsizing or moving to a cheaper community can help your retirement assets last longer. Since where you live has a strong impact on your expenses, you'll want to consider your options carefully....Read More >>
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Planning Early Retirement | for Those Not Named Tiger Woods,
Jim Roche of NJ has created The Early Retirement Planning Forum for you to visit join and post all of your early retirement planning tips as well as provide information and...
Planning Early Retirement | for Those Not Named Tiger Woods,
Jim Roche of NJ has created The Early Retirement Planning Forum for you to visit join and post all of your early retirement planning tips as well as provide information and...
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Planning Early Retirement | for Those Not Named Tiger Woods,
by Jim Roche NJ
"Trying to catch a Tiger by the Tail" might have worked just fine while you were employed, but ignorance or mistakes in early retirement planning can cost you dearly. Retiring early , choosing the wrong investments, withdrawing too much money or failing to plan for health-care costs can all turn your golden years to brass. Although there is no guarantee you'll avoid unpleasant surprises if you plan -- but you can probably tip the odds in your favor. Here's a checklist to get you started. (As you get going, your Retirement Planning can help you make sure the...
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