Considering all potential expenses, including unexpected, is key to a worry-free retirement. Sponsored by Leverage Planners. Many people are focused on retiring someday but often have a common question: When will I know I have enough money to retire?
“I think it’s important to understand that in retirement, basically, we’re looking at a long-term period of voluntarily chosen unemployment,” said David Donhoff, founder and senior advisor of Leverage Planners .
Expenses to consider include: Baseline – This includes food, fuel, cell phone, Wi-Fi, housing, etc. Shock – These are unexpected expenses, and it’s hard to know when these will pop […]
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