If you think budgeting and financial planning is only for those getting ready for retirement, think again. Budgeting during retirement is as important and even more so than during your working years because you don’t usually have a steady paycheck to look forward to.
That said, budgeting during retirement is based on the same principles as before. Nevertheless, there are new things to look out for that make it extra important to plan ahead, so you don’t find yourself old and broke during your final years on this earth. This is why, in this post, I’ll cover the most important steps to budget effectively during retirement.
