4 Steps to Make Your Money Last a Lifetime
By Jane Bryant Quinn, AARP Bulletin
A simple, easy-to-use formula to make sure you never run out of cash
As a financial columnist, I get asked the same heartfelt question over and over: “How do I make sure I don’t outlive my money?” And that makes sense. Surveys confirm that the No. 1 worry among older Americans is running out of cash.
Fortunately, financial planners have come up with sound ways to prevent this. Collected here are their key rules for maintaining a livable income for life, plus case studies that show how to put these general rules into action. The goal is your peace of mind — knowing that you’re getting the most from the money you’ve saved and that you’ll always have enough.
Thank you Judy
Special Report: Restored Republic via a GCR Update as of May 30 2019
Compiled by Judy Byington
Below is a summary of information from the Internet. It would be up to the individual reader to do their own research and decide whether or not it is valid.
Judy Note: In a Press Conference as President Trump boarded Air Force One, he hinted that he might declare Martial Law over the Border crisis in his speech at the Air Force Academy today May 30.
According to MarkZ release of the 800#s was expected around the same time early afternoon today May 30. Whales in Reno were told their SKRs would be liquid tomorrow morning Fri. May 31. In Switzerland they were expecting Historic Bonds to be liquid early morning their time tomorrow Fri. May 31.
11 Steps to Make $1 Million Last 30 Years in Retirement
SmartAsset - Derek Silva, CEPF®
The average life expectancy in the U.S. has increased dramatically from about 70 in 1967 to about 80 in 2017. Those who reach age 65 also have a one in five chance of living into their 90s. A longer life is great news. It means you have time to check more off your bucket list.
At the same time, it means you need to plan for a longer retirement. If you retire at 65, a 30-year retirement is quite possible.
Even if you save $1 million for your retirement, you have to make sure to budget it out so it lasts. Here are 11 steps to set yourself up for a happy retirement without draining your savings too soon.