This article was written by Ian Flack, Director of Flack Group, a Career Money Life Community Member. You can view the original post here.
Aadil Abbas takes us through budgeting and cashflow considerations for retirement. It is best to start planning years in advance to properly prepare yourself for this phase of life. Your income and expenses during retirement phase will look different from when you are working and thus you should have a plan in place for this.
We encourage you to sit down and take a good look at your household budget and discuss potential changes. Use this checklist to guide.
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