Tuesday, November 27, 2007

Carefree Retirement

To have a carefree retirement you need to be mentally and physically healthy.
By the same token you need to be "healthy" financially. You need to consider the following in order to have a carefree and happy retirement:
  1. Your life-style during your retirement.
  2. Commitments such as children's education and their cost of living.
  3. An adequate amount to cover inflation.
  4. A contingency fund to cover ill health and accident.

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