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The four L's of retirement planning

Writer's picture: Adam C SmithAdam C Smith

Here are four items that you need to consider when planning your retirement, and they all happen to start with the letter L. The first item is a lifestyle. Do you want to retire early? What does retirement look like for you? The second item is liquidity; where's the money going to come from? Is it going to come from pension accounts, government benefits, savings accounts, or a mixture of all of them? The third thing is longevity; how long do people usually live in your family, how do you plan for that? And the fourth thing is legacy. Do you want to leave money behind or give it to family, friends, or a charity? If you have all those items figured out, then congratulations. But if you want to review any of them, you can contact me. If you enjoy this content, please consider like share and subscribing.

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