Remember to take into account the money you will receive from Social Security, a pension or other sources. And if you can’t find an approach that seems to provide you with enough money to cover all of your retirement expenses, you may need to consider delaying your retirement and working longer. It’s not ideal, but it’s better than running out of money too soon.
Once you’ve built a solid retirement plan, be sure to check in with yourself at least once a year. Make sure you’re on track to meet your goals and think about additional steps you can take, like the ones described above, to improve your financial preparedness. Doing this will increase your confidence and keep you in the direction you want to go.
The $ 16,728 Social Security bonus that most retirees completely ignore
If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “social security secrets” could help you boost your retirement income. For example: a simple tip could net you up to $ 16,728 more … every year! Once you’ve learned how to maximize your Social Security benefits, we believe you can retire with confidence with the peace of mind we all seek. Just click here to find out how to learn more about these strategies..