How to be a good money manager in retirement
If you reach retirement with a significant amount of assets, you’ve done a great job of saving and investing. But now comes another challenge – making that money last.
If you reach retirement with a significant amount of assets, you’ve done a great job of saving and investing. But now comes another challenge – making that money last.
Well, I am back at the gym finally. I stopped going a couple of months ago after being sick for about a week and never was motivated to return. Being a newly made bachelor, I felt I really didn’t have anyone to impress and wasn’t very worried about my health.
After eating a delicious meal of turkey and dressing with ‘the trimmings ‘ AND peach cobbler with a scoop of ice cream at the Cub Center Thursday, I had a pang of regret that some turkey had to give its ALL to supply that sumptuous repast. Later, as I headed to Graham that pang turned into a state of panic! There they were, the turkey gestapo! Two of them came, strutting across the road straight at me! What to do, what to do? Then, as the food-induced fog in my brain eased a bit, I realized I was encapsulated in my big metal vehicle, and those two turkeys couldn’t get to me. So I accelerated and left them standing in the road. That’s my version of the story anyway. There really were two turkeys!!
As a business owner, you’re always busy, so it’s understandable if you’ve put off thinking about events that won’t occur until far in the future – such as your retirement, the sale or transfer of your business, and the settling of your estate. Nonetheless, it’s good to start planning now while also recognizing the special challenges that women business owners face in these areas.
213 E. Main St.
PO Box 577
Olney, Texas 76374
Phone: (940) 564-5558
Fax: (940) 564-3992