I've Retired... NOW WHAT?!

Retirement can be a financial challenge, even if you’ve prepared for it. Although Social Security pays a regular income, with an average monthly benefit of just $1,789, it’s not enough to fully fund your retirement expenses. Since you’ll no longer have a regular job, it’s imperative to make the money you have last as long as possible.

Depending on your personal financial situation, there are steps you can take to stretch your retirement income. Here are some of options for @Everyone to consider.

Downsize

Housing is the single largest expense for most Americans, so it’s the easiest way that you can cut your costs in retirement. For example, if you have owned a four-bedroom home your entire life but no longer have kids living with you, downsizing yourself to a two-bedroom or even one-bedroom house can significantly reduce your living expenses.

Creating Financial Boundaries During the Holidays

Establishing parameters for your money this season can set you up for financial success in 2025!!!

The holiday season is many people’s favorite time of the year, but it can come at a high cost. Amid inflation and the high cost of seasonal expenses like food, gifts and travel, can add an extra level of stress trying to keep up with holiday shopping.

While giving can be noble, consider setting boundaries when it comes to lending and spending money during the holidays. Below are a few tips to help reduce stress this holiday season.

• Set a 2024 Holiday Spending Limit

When achieving financial success, having a well thought out plan is essential. Creating a financial roadmap will assist you in obtaining your goals. Your financial roadmap is like a GPS for your financial journey, guiding you towards your goals and helping you navigate the twists and turns. Having solid steps to follow will help you create a secure plan for a prosperous future. In this section, we will discuss different topics and tactics that will help you achieve your goals.