This article describes a retirement planning exercise, illustrating the steps to go through to determine if you're ready to retire. The article says that a full 80% of participants realize they're not ready to retire.
Part of the plan is the following: start paying quarterly instalments of taxes, something you may never have had to do whole employed, so you don't get a surprise huge bill at tax time.
YOUR MONEY: A Boot Camp to Prepare for Retirement
Eight drills to determine if your finances are healthy enough for you stop working — and to help get them on track if they're not....
http://www.nytimes.com/2009/07/25/your-money/25money.html
No comments:
Post a Comment