If you are on a fixed income and heading toward retirement, what’s your financial plan? Look at this checklist to save money in your 60’s so you can breathe easy.
As much as we hate to think about it, we have to be prepared for when our financial picture changes. Very few of us are independently wealthy, so we have to have a plan for how we are going to live and how we are going to pay for it.
There is so much financial advice out there, but we came across this article from Everything Finance that breaks retirement finances down into manageable pieces of the puzzle. It’s worth a read, just to make sure you know that you have considered all your options and know how to cut costs if you need to.
credit: Everything Finance
Make sure you have considered each of these if you are trying to save money in your 60’s.
Know what each of these is, if/when you qualify and how each can help you achieve your goals.
- Annuities
- Pensions
- Social Security
- Options for day-to-day living expenses
Visit Everything Finance for more details.
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