Those days when 65 years was a straightforward benchmark for retirement are long gone. People now put in a lot of thought while deciding the right time for retirement and this decision will depend on many factors, particularly the kind of life you wish to lead after retirement. [Read more…]
Managing Your Finances after Retirement
It is often believed that the spending of a person decreases after retirement because people become less active as they grow old. However, bad health and inflation can significantly increase the outflow of money after your retirement, and your financial situation might improve or worsen depending on how well you have planned for these expenses. A new theory divides retirement age into three stages. [Read more…]
Choosing Where to Live After Retirement
You might have often dreamed about your retirement. You would have thought about making enough money to settle down in a beautiful location, in a home that caters to all your needs, and indulging in hobbies that you could not find time for. [Read more…]
