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The Good Retirement Guide 2013, 27th Edition by Frances Kay

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Chapter Seven

Budget planner

I’m living so far beyond my income that we may almost be said to be living apart. E E CUMMINGS

Budgeting and planning ahead will help you make the most of your money in retirement. Not everyone relishes the prospect of budgeting, but unless you want to be living a long way apart from your income, it is essential to do it.

Spending only a few minutes a week reviewing and planning your budget can make a real difference.

The impact of retirement: monthly savings and costs

In this chapter it’s not possible to cover everything, but the main things are listed. Once you’ve an idea of what you will need money for, the next thing is to make what you’ve got go as far as possible. The best way to do this is to track your ...

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