Part of having an active “retirement spending plan” means you need the income to support it. That can mean a lot of different things depending on how you define retirement. Traditionally, retirement has meant that you work up to a point, cross a hard line in the sand, and stop working. Today’s retirees are much less likely to take this approach. Many Boomers are opting … [Read more...]
How to Stay Solvent When You Are Post-Retirement
Retirement is supposed to be an enjoyable, stress-free time in your life. You worked hard, put in your time, and were smart with your money so that you could spend your remaining years doing what you really enjoy. But even with a good amount of savings, you may worry if you can stay solvent once you no longer have your main source of income to rely on. Fortunately, just … [Read more...]