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Most people spend countless hours planning their retirement before the big day comes. After all, it is not always easy to feel -completely confident before leaving the squad and entering your golden years.
Given this, here are six milestones that you have to feel -more secure in your retirement plan.
One of the main concerns of retirees is whether they have enough money to survive without a salary.
Financial advisers often quote the “25” ruleHe claims that you can expect to withdraw -you comfortably if your assets are worth at least 25 times the expenses per year. However, this general rule does not guarantee how much you can spend each year or the amount of income that your assets will generate each year on retirement.
It is likely to be better to consult a Professional Financial Advisor Who can help you create a personalized plan that takes into account your income, investments and expenses. A financial advisor can also help you change or modify your plan after withdrawing -v.
Bringing debts without work income does not usually mean fun and, unfortunately, many retirees live with this unpleasant load.
According to a survey of National Debt Meeting72% of the North -Americans over 55 have accumulated some debt, and more than half admit that they “retained” them in their lives.
Given this, you need to plan to delete or minimize debt other than death before retiring.
One of the reasons why many seniors have debt is due to unexpected medical expenses. The same National Debt Relief Survey found that about 17% of the elderly have an average of $ 9,144 in debt due to pending medical bills.
Do not underestimate the expensive medical invoices in your older years. Given this, it would be advisable to establish a robust plan to deal with these medical costs before withdrawing.
Read -Ne More: Blackrock’s CEO Larry Fink As he says you can do the best time of the US retirement crisis
If you are active enough to withdraw -you may have something to leave your heirs behind after you have gone.