For future generations, retirement might become a foreign concept as millions of millennials are already foregoing retirement planning amid high debt levels, inadequate career opportunities and a rising cost of living.
Nevertheless, for those who wish to exit the labor force in their golden years, investment advisor and author of “You Can Retire Sooner Than You Think,” Wes Moss, says these seven tips can help make you happy in retirement and thus live a comfortable lifestyle doing what you want.
- Happy retirees can retire with $500,000 in savings
- Happy retirees fill their free time with “hobbies on steroids”
- Happy retirees pay off their mortgage earlier
- Happy retirees have two or three sources of retirement income
- Happy retirees live within their means
- Happy retirees spent at least five hours each year planning for retirement
- Retirees who are happy are likelier to be married
Like this article? Get ECN delivered to your inbox daily. Subscribe here.
Leave a Comment