15 Important Lessons From Financial Independence Blogs
You can learn a lot from bloggers who have found financial freedom and retired early.
Editor’s note: This story originally appeared on NewRetirement.
Most people struggle and worry about being able to retire in their mid- to late 60s. At that point, you are expected to have hundreds of thousands (maybe even millions) of dollars in your retirement accounts, get additional money from Social Security, and also get some government assistance with health insurance. Even then, retiring securely can feel impossibly hard. What you really want is total financial independence forever.
Maybe you are already retired and have a dreadful feeling that you simply don’t have enough.
5 Steps to Ensure Your Money Lasts Through Retirement
Here s how to turn your retirement assets into income that lasts a lifetime.
This story originally appeared on NewRetirement.
If you’re reading this, you’re likely someone who: saves money, has built up some assets, and is starting to think about how to create a retirement drawdown strategy – a plan for how to turn your assets into income that will last for life.
Having a sound retirement drawdown strategy and keeping to it is crucial if you want to be able to live comfortably in retirement and not spend time worrying about outliving your savings. Most of the financial services industry has been focused on helping people accumulate or save and invest (and their business models are built on this).
Tales from the Service Desk: Extended Warranties and the Selling of a Scam
During my brief career as a service writer, there were many aspects of the job that I found annoying, but perhaps nothing got my Irish up on a near-daily basis like the extended-warranty business.
It usually went like this â customer brought in a car that was out of factory warranty. Far enough outside of it that our factory reps wouldnât take pity. Car had some serious issues that would almost certainly lead to a huge bill. Customer would then say, well, âI have an extended warrantyâ. When it came time to get the extended-warranty company to pay up, theyâd fight like hell not to pay a dime.