Facing Retirement Phase in 60s

Ngebray.com,- When it comes to retirement, sixties are the new fifties. Instead of retiring in the mid-sixties, many people are working through those years. Here’s what you should do. Consider working through your 60s if like what you do, and you’re healthy enough to do it even if you switch to part time. This will allow your savings to stretch for longer.

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Delay Social Security benefits as long as you can.  Every year that you do, your withdrawals should increase about 8%. Keep working on savings goals, both the known and the unexpected. Most importantly, healthcare costs can be a high as six digits in retirement. So you should create your own healthcare fund. So, remember to save for retirement and enjoy your 60s.