The Importance of Budget Planning in Retirement

Drawing up a detailed budget can be the difference between a carefree retirement and years of penny-pinching and worrying. Here are some tips.

(Image credit: BanksPhotos)

We’ve all heard the saying, “The devil is in the details.” These details can sabotage our retirement. We need to plan for the unforeseen, think about the “what if’s” and be careful to consider every aspect of what retirement entails to successfully budget for our retirement years.

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Shanna Tingom, AAMS®
Co-Founder, Heritage Financial Strategies

Shanna Tingom is a registered representative, securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker/Dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Heritage Financial Strategies are not affiliated.