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Tips for becoming financially prepared for retirement
01
Your lifestyle in retirement is driven by the income you’ll have
Not by how much money you have in the bank.
02
The more bills you have, the less income is left
If you start paying down what you owe now, you’ll have more spending money in retirement.
03
Taxes can disrupt your finances in retirement
Everyone should consider speaking with a tax expert as they prepare for retirement.
04
Health events can disrupt your lifestyle
Consider long term care insurance to help protect your assets and your loved ones.
05
Consider what you want to leave behind
Having life insurance even at older ages can allow you to give back to your community and family
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