Tag Archives: living expenses

Money Monday: 4 Things to do before retiring

Make sure you prepare for retirement by doing these four things before you actually retire from the workforce:

save money

Photo by 401kcalculator.org

  1. Save up enough to cover at least three months’ worth of living expenses
  2. Pay off your house mortgage
  3. Get rid of all credit card debt first
  4. Amass a large enough nest egg to replace 80% of your yearly income”

Read more about these four financial tips at Money.CNN.com.