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6 Lessons from the First Year of Retirement

April 20, 2018

From the U.S. News & World Report website

Once you get through the first year of retirement, you probably think you can coast for the next 30 years. That’s not necessarily true. This is not the time to get comfortable. Things are never that simple in retirement. As you head into year two, it’s the perfect time to assess what you’re doing right and what you may be doing wrong.

“Five years before you retire and five years after are the most important,” says Reid Abedeen, managing partner at Safeguard Investment Advisory Group in Corona, California. “If you have everything in line, you are able to do certain adjustments. There is a big difference between doing them because you want to and doing them because you made mistakes.”

Your circumstances will change throughout retirement, and your finances will need to adapt to those changes. Consider making these updates for year two of retirement:

From → Finance

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