Planning For Retirement

time Posted October 4, 2007
Stop Sitting on Your Assets: How to Safely Leverage the Equity Trapped in Your Home and Transform It Into a Constant Flow of Wealth and Security The baby boomer era has had a profound effect on American culture. Because of their unprecedented numbers, baby boomers are reinventing retirement planning. Many are worried about outliving their savings. With 76 million baby boomers fast approaching retirement, its critical to plan for the future. Here is a checklist to help with the planning:

  • Real estate options; buy, rent, house, condo, retirement community,
  • Legal documents, durable power of attorney, living will, husband and wife’s wills,
  • Reorganize and maybe consolidate checking and saving’s accounts,
  • Re-calculate your budget as you leave the work-force,
  • Recognize health care costs and long-term-care insurance.

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