Issue IV, carrying a credit card debt.
5. Where you want to retire
If you don’t plan on staying in your current home, you should ask yourself where you might want to settle down, whether it’s a ranch house in Tucson or a condo in Miami Beach.
That’s because where you eventually relocate will likely have an impact on how you’re saving for retirement now. And your planning should be as granular as possible, even down to the type of home.
Next issue, your life insurance needs will change.
5. Where you want to retire
If you don’t plan on staying in your current home, you should ask yourself where you might want to settle down, whether it’s a ranch house in Tucson or a condo in Miami Beach.
That’s because where you eventually relocate will likely have an impact on how you’re saving for retirement now. And your planning should be as granular as possible, even down to the type of home.
Next issue, your life insurance needs will change.
RSS Feed
