Okay you got here, you’re going to tell them I’m done. But, now what?
You have a lot of choices, in which you should have already done, but if you didn’t..
- Did you do a budget? Don’t look at me like I have 2 heads! You need to know your income needs.
- Get that budget done. Don’t forget taxes, then add 10%.
- Where is the income going to come from? 401k, 403b, Pension, IRA’s, Social Security??
- Better do it right or you’ll be meeting with the tax man.
Next time we will discuss the best way to withdraw and what all your choices are. Remember this is all the money you have, you need to make the right choices!