After working hard and providing for your family for all of these years, you are likely counting down the days until retirement and beginning, 就像海滩男孩曾经说过的, 那个“无尽的夏天”.” Or maybe you are already retired and looking to make some financial adjustments because you realize that life doesn’t stop when you reach retirement.
根据Bankrate最近的一项研究, 45% of the working population don’t believe they will have enough to retire comfortably and maintain their current lifestyle throughout their retirement years. 增加压力, retirees must take into account that the market will continue to be unpredictable with periods of volatility, 潜在的生活成本增加, and important life transitions such as births, 婚姻, 和离婚. 另外, 可能出现不可预见的紧急情况, and every one of these events could impact you financially.
Frivolous spending can create problems for retirees, especially for those no longer generating any income or one as high as they did while working. One way to change your spending habits and cut back on non-necessities is by modifying (or downsizing) the necessities you have. Here are five things to consider when downsizing for retirement:
Downsize to a smaller, more affordable home
The idea of downsizing is moving from a larger home with more expensive bills to something smaller to save money. When you think about all of the expenses required to maintain a nice house and property, 这个数字可能非常大. 如果你愿意缩小规模的话, you may be able to mitigate home maintenance bills, 草坪护理和景观美化费用, 还有财产税和其他地方税. Do your research and meet with your financial professional to decide what is most appropriate for you.
Trade in your expensive car for a cheaper option
你的孩子不在家, and you and your spouse are empty nesters and preparing for retirement. 多年来, driving a larger, expensive car made sense, but not anymore. Consider trading your expensive car in for a cheaper option. You can save on service fees and may also have a lower payment if you decide to finance.
Modify your cell phone, 电缆/流媒体应用, and internet plan
多年来, many of us have been tied to specific cell phones, 电缆/流媒体应用, 互联网计划. 随着时间的推移, these companies tend to raise our bills to the point where we pay much more than when we started. Consider researching and seeking less pricey options.
多在家做饭，少在外面吃饭
Altering your dining habits can save you money in several ways. Eating at a restaurant is incredibly expensive. 它不仅可以节省你的钱, but regularly eating out may also contribute to long-term health issues, which may subject you or your family to high long-term care costs.
咨询金融专业人士
Downsizing involves making decisions that can significantly impact your finances throughout retirement. Consulting a financial professional can help you address concerns, 提供关于如何保存财富的建议, 改变你的消费习惯, and mitigate potential risk from future market uncertainty or unexpected events.
要求免费咨询, 无论是面对面的还是虚拟的, with a Financial Advisor at 元素财富管理.
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重要的信息披露
The opinions voiced in this material are for general information only and 不 intended to provide specific advice or recommendations for any individual.
All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
This article was prepared by LPL Marketing Solutions
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