Retirement Financial Resources
Identifying our retirement financial resources is the key starting point in developing the budget shown in the previous link. Here it is necessary for us to determine the financial resources that are available to us, when they are available, and any possible ramifications from using those resources. Are there income tax consequences? Are there any withdrawal penalties? Are there any restrictions on the use of the resources? Following is a brief listing of some financial resources availabe to fund our life after retirement. There may be other sources, but these are probably the more common resources. |