Most financial advice is aimed at the young! Do this, don’t do that, save, save and save! If you think about it, older baby boomers and retirees are maybe more vulnerable than anyone else. Here’s a great article if you are thinking or rethinking retirement. http://www.savingtoinvest.com/2009/08/5-personal-finance-tips-for-smart.html This article includes the following 5 tips.
1. Delay retirement
2. Don’t outlive your money (Longevity Risk)
3. Stay in control
4. Smart Budgeting by watching your expenses
5. Be careful when it comes to investments,
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