Retire comfortably by applying a few simple rules
To retire comfortably is for sure a desire for every single person. I mean, you have a long life of working behind you, so there should be no reason to suffer the remaining part of your life.
The truth, however, is often a different story. Many have to downgrade their lifestyle when realizing the amount of money they have to live on for this period of life.
As you approach retirement, you probably feel both excited and worried. Getting a correct balance between the freedom that comes with retirement and the cost of living without a monthly salary is often a tricky exercise.
To retire comfortably, it's never too early to ask yourself how much money you will need on a daily, weekly, monthly, and yearly basis. Often we see retirement as something far away and treat the whole issue very lightly. Planning ahead to retire comfortably is more an exception than a rule among most people.
We all have dreams about what to do in life and many projects we leave until we retire. That's fine, but to realize all these dreams will, in most cases, cost money. No matter where you are on your lifecycle, dedicate some time to write down what you really would like to do when the time to retire. Be as honest as you can. After all, it's about you.
You can always come back and make adjustments to your plan. Still, when you have your retirement "roadmap," there are four crucial variables you need to go through before it's time to retire.....Continue reading!>>