A lot of people spend most of their working lives waiting for retirement. After a certain point, we just want some time to relax and do the things we want to do. Whether you want to spend time with your grandkids, go on a vacation you’ve never gotten to go on or start volunteering more, there are a few things that you can do to make sure you have an even better retirement.
1. Keep track of your spending. To make sure you’re staying on budget, keep track of your spending. You can choose between the classic pencil and paper, or even use Excel, or Mint.com. When you have a visual you can easily see what you need to cut out on and where you have a little wiggle room.
2. Seek out safe alternatives. There are a lot of differences between companies when it comes to safe alternatives to Wall Street investments. It can really help if you are working with a retirement phase expert with a fiduciary responsibility.
3. Stand your ground. Sometimes salesmen can be too forward. They can be extremely convincing and you might end up buying or signing on to something that you really shouldn’t. Make sure you understand what you’re getting out of your investment before you sign anything. You also need to double check and do some research on what it costs.