Change Maker by Compass Catholic Ministries
Religion & Spirituality
Planning retirement while there is a recession can be tricky. Start by looking at your current monthly expenses. Exclude expenses related to work and include new expenses related to retirement. Subtract the monthly expenses from your monthly retirement income.
If your expenses are more than your income, how much do you need to withdraw from savings each month and how long will your savings last?
Doing these calculations before you retire will either bring you peace of mind or the realization that retirement needs to be delayed.
The Compass Blog has more on details to consider if you are retiring during a down market.
Mastery over Money
Be Content and Give Thanks
10 Questions to Ask Your Parents
Health Care Alternatives
8 Important Money Decisions for Every Marriage
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Are You Prepared for the Next Recession
The Spiritual Impact of Debt
Are You Headed for a Financial Disaster?
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Plan to be Content at Christmas
Should Children Get an Allowance?
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Plan to LOVE Your Retirement
What is a Crisis Budget and When Do I Implement it?
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Money Saving Ideas
How Much Do I Have to Give?
What Your Graduate Needs to Know About Money
Getting Into a Cost Cutting Mindset
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