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Monday, February 25, 2013

Saturday, February 23, 2013

Reverse Mortgage Expert: Ideas for creating a successful retirement

Reverse Mortgage Expert: Ideas for creating a successful retirement: After the kids have left home parents find themselves with extra money to spend.  This time can provide a bit of financial freedom that ccontinue to live in your home. 
www.reversemortgagesspecialist.com or call 314-220-3918

Ideas for creating a successful retirement


After the kids have left home parents find themselves with extra money to spend.  This time can provide a bit of financial freedom that can lead to overspending, that could jeopardize retirement.
Below are a few ways you can avoid overspending and prepare you for retirement.

1.  Whenever possible pay cash - once a week withdraw money 
      from the back and use that as your budget.  Using cash for
      purchases reduces the likelyhood of overspending.

2.  Maintain a financial journal - track daily expenditures - write 
     down all your monthly expenditures.  Review your activity
     to see where anything could be saved.

3.  Limit luxury spending - It's easy to reward yourselves with
     luxury items - this may spread finances to thin - determine
     whether or not it's a luxury or necessity before you purchase.

4.  Senior discount to save $$$$ - Many companies offer senior
     discounts including gyms, restaurants, movie theaters etc.  
     The savings can add up over time.  You can cash in on
     your lifelong experiences and no one has to know!

More retirement information
www.reversemortgagesspecialist.com
314-556-4100