Income v Expenditure Challenge
Income v Expenditure Challenge
Many of the Baby Boomer generation are well placed financially.... but with our generation’s focus on property many of our assets are not that liquid.
Plan for a Post Retirement Peak in Expenditure
The main challenge is that expenditure tends to peak in the early years of retirement – the special holidays, more travel and weekends away, visiting relatives and perhaps the last years of your kids education. So its essential to plan for the costs of enjoying the early “work free” years.
The good news is that is very likely that you have the resources to do this – they just may not yet be in the right place.
The QLagoon Personal Finance Zone covers many ideas as to how this can be achieved. Have a look at Planning Your Finances and follow the other links on the left to work through the important areas to ensure that your finances are in good shape to be able to manage the likely shortfall between your immediate post retirement income and the costs of all the things you’ve been looking forward to doing when you wind down from work.View Your Favourites and QLagoons Top Sites for:
Income v Expenditure Challenge | Personal Finance
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