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6 Tips for Creating a Retirement Spending Plan [Yahoo! Finance]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Creating a retirement spending plan helps retirees balance lifestyle goals with long-term financial security, ensuring their money lasts through every stage of retirement. Financial experts say the strongest plans account for essentials like housing and healthcare, leave room for flexibility, and get updated regularly. Here are six smart tips to turn your savings into a spending plan that truly works. Before crunching numbers, retirees should start with a vision of how they want to live. Questions such as “Where will I live?” and “How do I want to spend my days?” help clarify priorities before setting a budget. “A strong retirement spending plan starts aligning your lifestyle goals with your financial realities,” said Tyler End, co-founder and CEO of Retireable . “Many people sprint to retirement without taking time to define how they truly want to live. Once those lifestyle goals are clear, you can build a financial plan around them.” Read Next: 12 Ways To Travel in Retirem Show less Read more
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