“You may no longer work at a job, but you still have to work at your investments.”
Your personal savings and investments are the cushion between you and perhaps a limited lifestyle. Smart retirees know that their “cushion” needs a regular fluffing, with constant attention to goals, allocation, diversification, and risk. How long since you took a look at your portfolio to make sure your money’s working as hard as it can be? Here’s what we suggest:
You may be able to forget the 9-to-5 obligation, but as a retiree it’s smart to continue saving. Think of all the discounts you get as a senior … everything from movies to restaurant meals. Try to put something away… just $100 a month and look what it can be.