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How to test run your retirement
(Source - theweek.com)
From a distance, retirement might seem “like a slice of heaven,” said Pamela Sams at Market Watch. But transitioning into your golden years comes with its share of challenges. “The longer you prepare, the easier it will be to attain your goals.” For many, simply moving from full-time work to full-time leisure can be stressful. If you’re able, consider taking a month or two off the year before retiring. “If you find yourself a little blue or listless, take this as a red flag.” Not cashing a regular paycheck will also have a big impact on your spending habits, so before taking the leap, look at your income and assets to develop a postretirement budget. If you find you can “live happily within your anticipated means,” the good life awaits. Read more…
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