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Tips on how Not Run Out of your hard-earned cash
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[QUOTE="Kola Dimitry, post: 4054, member: 10"] • Don't Assume That You'll Get a 10% Return Every Year from The Stock Market • Don't Confuse Income with capital Appreciation or growth from Stocks • Be Aware of Taxes. These can be your biggest expense, and lowering them can help build wealth • Reduce Your Debt Ahead of Retirement -Prioritize your expenses -Create a Wealth Plan -Plan for inflation in your retirement planning -Know your wealth management fees -Set financial goals -Calculate your net worth. Here's how to calculate your net worth: Add together all your assets Add all your liabilities and subtract from your assets to know your net worth. Consider downsizing as you near retirement Now you know how to not run out of money, (or at least have a good start). [/QUOTE]
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Tips on how Not Run Out of your hard-earned cash
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