Measure the space you actually use in your current home to get an idea how much footage you'll need in the next one.
Sell off and give away furniture you won't need in the new home — don't pay to store it.
Reduce the square footage in the new home you select to cut house costs, utility bills and taxes. It will also reduce the cost of keeping up the house.
Look for a home that doesn't need a lot of work or maintenance. This helps keep the cost down.
Retirement Planning
With longer life expectancies, financial planners recommend you have enough retirement income to last through age 90.
Invest 60 percent of your funds in stocks, 40 percent in bonds to net an annual return of about 10 percent a year.
Never spend more than five percent of your retirement funds in a year and you will never run out of money. Spend 10 percent and you will go broke in fewer than 10 years.
)
