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Budgeting and Retirement: An Inseparable Pair
Making it to retirement is one thing, and having a retirement nest egg for those years is one more important thing. But often overlooked in the mix is the budget process…it doesn’t stop when you hit the “golden years,” and its importance doesn’t diminish. In fact, for most of us, budgeting cash outflow becomes one of the most important tasks facing us in retirement.
Isaac Wright, president of Financial Dynamics & Associates, writing in a post on www.kiplinger.com, outlines the reasons why budgeting remains a fact of life in retirement, and provides some thoughtful suggestions on managing your finances in later years. Read his article here…