Instead, the key is to think at the outset of retirement whether you would have enough in Social Security, pensions or maybe annuities or money from a temporary job to cut back spending in a tough period. (chicagotribune.com)
If a market downturn happens at the outset of your retirement, the impact on your savings could be drastic, warns financial planner Michael Kitces. (chicagotribune.com)
On the one hand, this will lead to less equity in our current home, meaning a smaller down payment on our retirement home — which will lead to larger payments at the outset of retirement. (retire29.com)