Are you one of the 76 billion Baby Boomers in the United States who are headed toward retirement? If so, Sharon Bandys, of The Mather Group, LLC, has created a helpful checklist of five financial planning tips as you look toward the future:
- Make sure your spouse has an understanding of your financial assets.
- Plan your funeral ahead of time.
- Create an updated will.
- Understand both spouses' Social Security benefits.
- Maintain a cash reserve for potential expenses that may pop up.
Sharon's full article can be found here.