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Retirement
Things that should be included in your retirement plan
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[QUOTE="Johnson2468, post: 301120, member: 93261"] Health care planning: Retirement expenses for health care are substantial. Consider purchasing long-term care insurance and budget for the costs of medical treatment. Social security planning: Social Security is a key source of retirement income. Make a schedule for when and how much money you will receive in benefits. Tax planning: Your retirement income may be greatly affected by taxes. Plan for the tax ramifications of your retirement income streams and take into account tax-efficient investing choices. Investment planning: A thorough investment plan should be part of your retirement plan. Diversify your investments and think about low-cost investing opportunities. Lifestyle Planning: Your retirement plan should also include your lifestyle goals. Consider how you want to spend your time, where you want to live, and what activities you want to pursue. Be realistic about your goals and plan accordingly. [/QUOTE]
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Things that should be included in your retirement plan
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