Michael Canet is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this article, Canet says retirees tend to go a little mad with their money in that first year.
Glen Burnie, MD – September 30, 2013 – Estate planning attorney and host of The Savvy Investor TV and radio show, Michael Canet, recently published an article on The Savvy Investor website on the real costs retirees should expect in their first year of retirement. In the article, “How Expensive is that First Year of Retirement?” Canet recommends retirees plan for a little mad-money.
Canet writes, “While most retirement income calculators ask retirees to guess what they’ll need to spend to live comfortably, the first year of retirement doesn’t exactly adhere to rules of logic, or the best judgment of the parties involved. After all, you want to celebrate leaving the workforce to pursue your passions, indulge in your druthers, and take that mad-dash trip to Italy, right?”
The entire article can be found at http://www.thesavvyinvestortv.com/articles/how-expensive-is-that-first-year-of-retirement.php.
To learn more about The Savvy Investor, please visit http://www.thesavvyinvestortv.com.
About Michael Canet:
Michael Canet is a financial planner and estate planning attorney specializing in family legacies and is a founding member of Prostatis Financial Advisors Group, LLC. Canet is the #1 Amazon best-selling author of Surviving the Perfect Storm: How to Create a Financial Plan That Will Withstand Any Crisis, and has been featured on The Wall Street Journal, Fox News, and USA Today. He is also host of the nationally syndicated television show, The Savvy Investor, and The Savvy Investor radio show on WCBM 680AM. His approach, both on and off The Savvy Investor shows, is distinguished by clear and concise answers that are accessible to the people who need to understand them most: retirees.
You can listen to The Savvy Investor live on WCBM Talk Radio AM 680. http://player.streamtheworld.com/liveplayer.php?callsign=WCBMAM&advisorid=3002375