This week’s article asks the question, “When do you stop saving and start enjoying the fruits of your labor?”
We could help you understand at what age you can start to transition from saver to spender. It could mean the difference between:
- A retirement of constant penny-pinching and being stuck in saving mode.
- A retirement that includes vacations, seeing your friends & family, and allowing yourself to ENJOY your retirement full of valuable experiences.
The article explains, “You’ve done all the right things—financially speaking, at least—in saving for retirement. You started saving early to take advantage of the power of compounding, maxed out your 401(k) and individual retirement account (IRA) contributions every year, made smart investments, squirreled away money into additional savings, paid down debt, and figured out how to maximize your Social Security benefits.”
Cornerstone Wealth & Tax Advisory Group could help educate you on the retirement strategies you can use to move on from saver to spender.