Retirement is a time to enjoy the rewards of a lifetime of hard work, but managing cash flow effectively is crucial to making this phase truly fulfilling. For retirees who hold investment properties or other assets, ensuring that income streams are reliable and aligned with their lifestyle needs requires thoughtful planning.
"Living the Dream"... for now
You may be enjoying your current lifestyle, earning a good income, paying off the mortgage as well as having a little left over to enjoy the finer things in life. You could say you are “living the dream”.
While you may be enjoying your lifestyle now, have you thought about what steps you might take in order to sustain your current standard of living in your retirement years, without your employment income?