You want to retire someday. You need to have enough income to support your lifestyle through retirement. And you’re interested in how you can maximize your retirement income so that you don’t have to rejoin the workforce. But how will you make your money work for you? One of the worst feelings as a retired individual is to come out of retirement and work again, but you don’t have to worry ab…Read More
Financial planning is, unfortunately, not always an easy task to undertake. For most of us, money is not something that is particularly easy to come by. For this reason, planning for the future and your end goal of retirement can seem near to impossible. The good news is that by working with a financial planner, you can improve your odds of success. Instead of facing this overwhelming task alone w…Read More
Retirement is something that most of us have dreamed about since our youth. Perhaps you envision traveling the country in an RV visiting every single national park. Maybe you want to whittle away your days at your lakefront property, fishing and enjoying nature. Regardless of what ideal retirement looks like for you, retirement is a goal we all hope to achieve. Here at Income For Life, we assist o…Read More
We all work for retirement, but how do we know exactly when we should retire? Making that call is one of the biggest calls you’ll have to make in your life, especially if you don’t want to end up back in the working world. You want to ensure you have enough funds to comfortably enjoy retirement without having to nickel and dime every little thing. That’s why in today’s blog post, we’ll g…Read More
Is living in your large home where you raised your family starting to not make as much sense? You might have three or more extra bedrooms that have been collecting dust. You’re watering a lawn and heating a home that you don’t use the entirety of anymore. On top of that, as we age, it can become increasingly difficult to handle everyday necessary tasks that you used to easily accomplish. It al…Read More
Previously on the blog, we talked about some of the ways that you can have unexpected expenses come up during retirement that can put a financial strain on your ability to stay comfortably retired. There are things you can’t always plan for and things that can be difficult to manage. However, with proper retirement planning, there are ways to mitigate risk to yourself and your retirement finance…Read More
Knowing how much money hits your bank account every month is a critical part of staying retired. It’s vital that you have enough money to take care of your daily needs, housing, medical bills, long-term care, and any other unexpected expenses that come your way.
If you’re retired, chances are you know the exact day — even the hour — your check hits the account. This sigh of relief you breathe as you confirm that money is added to your account is worth far more than the money itself.
When we talk about the clock, we are referring to how long that guaranteed income will keep coming in. While pensions and Social Security may provide some security and guaranteed income, the question we want to pose is this... why not do more of it?
