Are you planning to retire soon? If so, then you’ve probably
been looking into cities that would make great locales for your retirement.
While most people think of places like Florida when they think of retiring, the
truth is that it’s always best to retire somewhere where the cost of living is
low. That way, your money can go further, and you can save money to pass on to
your children or grandchildren.
One great place to retire, for example, is big, bustling
Dallas. Though Dallas might not seem like a “cheap city,” reports show that the
average income is around $50,106 while the average expenditure is only about
$40,843. That means that residents have the potential to save as much as $9,264
per year.
If you play your cards right when it comes to retirement planning, you could earn just as much
as the average “working person” in your golden years. Of course, if you’ve
truly done a good job planning and saving for retirement, it won’t really
matter where you live. Definitely look into cheaper options though. And, if you
haven’t yet started planning for retirement, it’s not too late to start! Get
help with retirement planning and saving today from Platinum Financial
Associates, Inc. of Naperville.
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