1. Assess Your Financial Situation Honestly
2. Don’t Retire Right Away!
3. Consider Other Forms of Income
Maybe you just can’t wait to retire. That’s okay! If you’ve spent your whole life working toward your retirement, it can be pretty hard to hold off. But when you retire, it might be worth considering part-time income options or looking for ways to passively generate income. These things might allow you to supplement your savings and make your retirement less financially daunting.
Other Sources:
https://www.thestreet.com/retirement-daily/saving-investing-for-retirement/5-steps-to-boost-your-near-retirement-savings
This document does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations. To the extent that the reader has any questions regarding the applicability of any specific issue discussed above to their specific portfolio or situation, prospective investors are encouraged to contact West Wealth Group, LLC or consult with the professional advisor of their choosing.
