Your Retirement Playbook

Your Retirement Playbook


Why Empty Nesting Is Not All It’s Cracked Up To Be

January 15, 2021

Empty nesting is not all that it is cracked up to be. When the kids are finally gone, and you have some extra money, what should you do? The last thing you want to have happen is that your standard of living dramatically rises. You’ve been saving and accumulating money for your retirement based on a certain margin. With an extra $1,000 a month, it’s easy to take that money and increase your standard of living. If this happens, then you will need to squeeze in an extra $1,000 to maintain your standard of living down the road. So should you pay down debt, or should you save it? Either is fine, just don’t spend that money. Remember, the more you put into accounts, the more you’re going to have.   Connect with Financial Enhancement Group: Visit our Facebook page at www.Facebook.com/FinancialEnhancementGroup Join our Facebook Group at www.yourlifeafterwork.com/FinancialTidbits Visit our website at www.yourlifeafterwork.com   We would love to answer your questions on air! Call Angi at (800) 928-4001 or send them to TalkToFEG@yourlifeafterwork.com