Make the transition from earning a living to retirement living!
Learn to live comfortably on what you already have.
Create a sound financial plan, step by step.
For retired people and for those who will retire soon.
Retire successfully on what you already have! Living off savings is much different than living from paycheck to paycheck. It requires a different kind of budget and a different financial plan. Don’t be caught off guard when you make the switch, because financial errors at this time can be costly. Finances After 55 is not a “retire rich” investment book. It’s a practical guide that shows you how to take what you have already saved and manage your money and assets to live a full and successful retired life. When you retire (if you haven’t already), you will need a financial plan that takes into account your changing needs. And you’ll need a lot more than just a budget. The plan should include:
an estate plan,
a power of attorney,
a health-care directive,
an end-of-life plan, and insurance
With the sound financial planning and budgeting outlined in this book, you can make a successful transition from life with a paycheck to a life with savings..