Whether you are getting closer to retirement or not, most people look forward to the day when they no longer have to clock in and out every day, so to speak. Retirement can be a truly satisfying time, but for many people it turns into a nightmare because they didn’t take the necessary time to prepare for life after work. One of the biggest mistakes people make is simply not being aware of how many, or what kinds of expenses they will have in retirement. So if you haven’t thought about all the possible expenses that you might be responsible for when you retire, now is a good time to consider what could lie ahead. Overlooking or ignoring these expenses could leave you wishing you hadn’t called it quits.
The post Don’t Overlook These Expenses When Planning Your Retirement first appeared on Advisors to the Ultra-Affluent – Groco.