Augusta
VIP Contributor
One thing is to save money for your retirement but another is to finds ways you can outlive that saved money. it wouldn't be funny to run out of money even doing retirement
So how do you outlive your retirement savings
Start with visualing your retirement by thinking about your lifestyle when you retire.Then plan when you visualise the life you want to live after retirement
The next is to keep fueling your savings. it is good to still be on aggressive savings even if retirement is just around the corner,
You don't have to stop working.
If still enjoying your current job. You can even put off retirement for a year or two to help boost your savings.
Continue to Plan prudently develop a retirement budget that can help you live within your means.
it is time to reset your expectations.This will help you stay on track and reduce the chance for financial surprises
So how do you outlive your retirement savings
Start with visualing your retirement by thinking about your lifestyle when you retire.Then plan when you visualise the life you want to live after retirement
The next is to keep fueling your savings. it is good to still be on aggressive savings even if retirement is just around the corner,
You don't have to stop working.
If still enjoying your current job. You can even put off retirement for a year or two to help boost your savings.
Continue to Plan prudently develop a retirement budget that can help you live within your means.
it is time to reset your expectations.This will help you stay on track and reduce the chance for financial surprises