The song had nothing to do with getting older and the financial costs and burdens associated with aging. However, usually you want to avoid the big surprises many families face when they don't prepare their family and finances for the consequences of longevity and long-term care. There are big surprises around the corner that many people, and even their financial advisors, forget about when planning for a successful future retirement. You might prepare for ordinary health expenses, lifestyle, vacations, and legacy concerns.
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The Most Important Money Steps to Take the Year Before Retirement
Avoid the Big Surprise Coming Your Way After Retirement | LTC News
What one person could happily live on, another might be dissatisfied with. To do this, the study analyzed average spending data — including groceries, housing, utilities, transportation and healthcare — for people ages 65 and older. Get a clear idea of the cost of living across America. These states are considered some of the worst choices to retire in with that size of a nest egg as savings.
Will Early Retirement Make You Lazy?
Not willing to work or be energetic. Slow-moving; sluggish: a lazy river. Conducive to inactivity or indolence: a lazy summer day. Depicted as reclining or lying on its side. Used of a brand on livestock.