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How to outlive your retirement savings
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[QUOTE="uforwealth, post: 280057, member: 13973"] One is likely to outlive his or her savings if care is not taken. The reason for outliving savings is that the actual time when one will die cannot be predicted. Death will definitely knock at one's door one day. Therefore, provisions must be made in order to avoid outliving of savings. The following can be best solutions to outliving of savings. [B]Continuous working[/B] The person who wants to outlive his or her savings must continue doing something that will always generate income for him or her no matter how small such a thing may be. [B]Passive income[/B] This is the money that keeps coming in despite one's retirement. If one has a passive source of income and spends less than what he or she earns, there is no way such a person will outlive his or her savings. [/QUOTE]
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How to outlive your retirement savings
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