Avoid These 4 Common but COSTLY Retirement Income Mistakes
Consider these four common mistakes to avoid: Mistake #1: Not Having a Budget Specific to Retirement This may seem obvious, however, it’s probably much more common than you realize. When teaching retirement courses, I ask our students how many have formalized budgets as their guide to track monthly expenses. I’m always shocked by how few actually have anything more than a budget “ in their head.” Many of those who do have something in place did not make the appropriate adjustme...
Not Having Budget Specific Social Security Written Income Co Mingling Your Taking Regular Distributions
Source: kiplinger.com