Even if you spent your working years being financially wise and building a strong financial foundation, retirement is a time to maintain that foundation, not sit back and let things go. Since taking financial shortcuts won’t get you where you want to be, implement some tried and true financial habits to get you one step closer to financial success and greater peace of mind.
1. Live Within Your MeansIf you want to preserve your wealth in retirement, you need to plan ahead for all your retirement expenses, then live within your means. While this may seem like obvious advice, for most Americans it’s a lesson they are preaching but not practicing. Only 55% of Americans are actually living within their means, according to a 2015 Pew Charitable Trust poll. Don’t spend ...Readmore
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