The day you retire is one of life’s ultimate milestones. If you’ve been smart (and a little lucky) you’ve been able to save some money to fund a comfortable retirement. But before we get lost in too much celebrating, it is time to plan out how you are going to make that money last the next 20 or 30 years.
The biggest mistakes people make include taking their social security right away, even if they don’t need it, and not taking into account increased health expenses that usually come in our later years. It is critical that we plan how and when we are going to spend the money that we have saved.
Read this article for more on how to do just that.