Chapter 9R=O

The big day is here, and a whole new world is opening up. However to take full advantage of it and to reduce a whole lot of stress later on, let us suggest you go down the following nine-item checklist within the first couple of weeks of retirement. A penny’s worth of preparation now can prevent a fortune of aggravation later. You will have a number of critical decisions to make before you can relax.

Budgeting

Even if you are the kind of person who would rather undergo a root canal without Novocain than prepare a budget, you still are going to need a good idea of what your income needs are and how you are going to meet them. After you add up all your sources of income, such as Social Security, rent, royalties, military and corporate ...

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