Tips for a financially comfortable retirement

Financial adviser and senior vice president of Ariss Financial Group, Marc Hall, says a confident retirement approach encompasses four basic groups: covering essentials, ensuring lifestyle, preparing for the unexpected, and leaving a legacy.

Covering essentials means making sure your monthly expenses that keep your life running are accounted for.

But says it is also important to ensure enjoyable experiences occur, the things you want to do today, and in the future.
Of course, preparing for any unexpected events could help in the future for possible illnesses or medical costs assumed in elderly age.

And finally, leaving a legacy.

This is about the impact you want to make regarding people, charities, and causes.

This includes wills, power of attorneys, or anything that will have lasting impacts on people or things you care about, long after you are gone.


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