Retirement Planning Tip: Try A Six Month Drawdown Instead Of Monthly

Retirement Planning Tip: Try A Six Month Drawdown Instead Of Monthly

- in Featured, Income, Money, Retirement
433
Comments Off on Retirement Planning Tip: Try A Six Month Drawdown Instead Of Monthly

We are creatures of habit, especially when it comes to finances. Even looking back at your first allowance, likely that you received it on a regularly scheduled day of the week or month. The same goes for your first paycheck every two weeks: your car payment, the 15th of the month. Your rent or mortgage is due on the first of the month. And nowadays, we don’t even need to send a check; these payments are just automatically deposited or withdrawn on a regular monthly schedule.

Read more at Forbes

You may also like

This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says

For many people, retirement planning is all about money: how