Keep Bills Low during Retirement
Statistics indicate that a significant percentage of people who are reaching their 60ís are not financially prepared for retirement. Indeed,there are no guarantees, and you have to plan ahead intelligently and pragmatically if you want to be able to retire in relative comfort.
Simplification is something to consider when you are crunching the numbers and trying to make them work.If you were to downsize your life in various ways,you may also be able to downsize your monthly bills.
Along these lines, your place of residence is something to consider.Property in Northern California is quite expensive, and property taxes are considerable.
If you are looking for ways to economize,you may benefit from getting into a smaller home.And of course,there are those who relocate during their retirement years in an effort to find a more affordable lifestyle while experiencing something new.
States such as Florida and Nevada do not have a state income tax or an estate tax on the state level.Property values are down in these states,and of course that means property taxes will be lower as well.
With the benefit of professional guidance,you should be able to realize the retirement vision that you have always dreamed about.If you would like to map out a pathway that leads to the realization of your retirement goals,take action right now to arrange for an informative consultation with a seasoned,savvy Los Gatos CA retirement planning lawyer.
ABOUT THE AUTHOR: Roy Litherland
Experienced estate planning attorneys Campbell CA of the Law Office of Roy W. Litherland offers estate planning and business planning resources to residents of Campbell CA.
Copyright Law Office of Roy W. Litherland
More information about Law Office of Roy W. Litherland
Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations will differ and should be discussed with an expert and/or lawyer. For specific technical or legal advice on the information provided and related topics, please contact the author.