5 Key Question’s Baby Boomers Must Ask Before They Retire: Q1:Do I have enough money?
1) Do I have enough money?
Salaries will be replaced by Social Security benefits, annuity and/or pension
benefits and savings withdrawals. While some
expenses and outlays will go away (Social Security
contributions, work-related costs, retirement savings
contributions, etc.), new costs could appear (e.g.,
travel, hobbies, etc.).