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Money Management in Retirement, an Unusual Approach

Money Management in Retirement, an Unusual Approach

Is money management in any way related to your life? Or do you consider it something from the past, when you were younger and had a family to keep? I’ll explain why I consider money management to be of all ages. And why money management in retirement is important.

How old are you when you have come to the end of your life? Some people freak out by this question. Others respond that they have never thought about it. Only a few mention a number.

We all have a notion of what we want from life, haven’t we? We want to grow old and we want to be healthy. And as soon as you put a number on it, you can calculate whether you have enough money to get there.

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Is Financial Freedom for Seniors an Illusion or a Possibility?

Is Financial Freedom for Seniors an Illusion or a Possibility?

Most websites you bump into when you browse for financial freedom for seniors are from either financial institutions or care organizations. This article focuses on the fundamental you will have to build, if you want to work towards financial freedom.

Financial freedom is defined as having enough income to pay for living expenses for the rest of your life without being employed or dependent on others.

You will achieve that when you retire or receive a large inheritance. But also if you find a way to get paid for your work more than once.

Writers and musicians receive royalties on their book or piece of music. Computer programs and apps are sold. Examples of creating something once and getting paid as often as something is sold.

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