Five Ways to Make Your Retirement Cash Last

Running out of money has got to be one of the worst fears of retirees. And with people living into their 10th and 11th decades, it’s going to get worse.

Now more than ever, you need to plan ahead to ensure that you won’t outlive your funds. That means saving as much as you can and not making mistakes that could scramble your nest egg.

Jane Bryant Quinn, who is a legend in my business, just published a book entitled How to Make Your Money Last. In keeping with her great writing on retirement over the past several decades, it goes right to the point on what you need to do.

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Damian J. Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755

Don't let these unexpected costs derail your retirement: Plan ahead instead

It’s not what you know that will crush your lifestyle in retirement. It’s what you don’t know.

And that’s especially the case when it comes to expenses in retirement.

On average, retirees can expect housing to represent about one-third of expenses in retirement, health care, 10% to 15%; transportation, 15%; food, 12%; and apparel, insurance and discretionary expenses making up the rest.

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Damian Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755