Financial Planning Newsletter December 2019
December 16, 2019
Saving for your retirement was supposed to be the hard part. When the day comes, however, when you feel confident that you have enough of a nest egg accumulated and decide to retire, you will be confronted by a series of complicated choices. The decisions that you make about how you spend and access your money during your retirement can have a big impact on how you fund your golden years and what type of lifestyle you will be able to afford. Simple mistakes can be costly ones, and the wrong move can result in large tax penalties or loss of potential income, leaving you in a less comfortable position. Because there are so many factors that go into retirement planning, it is important that you meet with an expert to ensure that you can afford the life you want, but here are a few important factors to consider.