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Retirement Ready?
The world is your oyster. So get on with it.
Ok, you’re ready. Aren’t you?
You’ve actually known the date for quite some time. Now the party is planned. They sent the invitations out. You have planned a big trip as soon as you retire. Oh, the planning you have done.
You know the amount of money your company pension pays out each month. You know the amount the Government pensions pay. You have worked really hard to pay down that mortgage. You’re financially ready, right? Right?
What else?
There are so many other things to worry about. Have you transferred the health insurance to a seniors plan? Check.
Have you let the bank know your auto-deposit checks won’t be coming in from your workplace? Did you discuss with the bank how you want to carry on banking? You know that you get a reduced rate on the banking fees as a senior … of course you need to ask for that.
Line of Credit. Whew, you did get that extra amount put on your limit last time they asked you. Now that you will be retired they may not offer any more increases. You don’t want to use the increase but it is nice to know you have it as a safeguard.
The financial issues are all very important things that must be done to ensure you have a smooth…
