Winter is here again-which may make you wish you were somewhere else. But if you ’ re planning on being a snowbird, either in the future or very soon, you ’ ll need to be prepared.
If you hope to be a snowbird when you retire, you should review all your sources of retirement income, such as your IRA, 401(k) and Social Security, to determine if you ’ ll have enough money available for your yearly snowbird trips without jeopardizing your retirement lifestyle.
But if you ’ re ready right now for the snowbird life, you should take some practical steps, such as securing your home while you ’ re gone and providing your bank with your temporary address and contact information.
You ’ ll also want to make sure your bills will be paid while you ’ re gone. And don ’ t forget about your investments-even if you ’ re only gone a couple of months, you may need to make some moves.
The life of a snowbird can be a pleasant one. So take the necessary steps before you leave-and enjoy your days in the sun.
During this holiday season and every day of the year, we wish you all the best. Season ’ s Greetings!
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.
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