Spend Some Money Before You Retire
It might seem counterintuitive, but soon-to-be retirees should start spending their money now, in the “Go! Go! Go!” years, according to Joe Roseman – managing partner at O’Dell, Winkfield, Roseman & Shipp – a financial planning firm with headquarters in Denver.
“We believe that the last three to five years that our clients work, they are in great health, have built up vacation days and should take one of those once-in-a-lifetime dream trips,” said Roseman. “You should spend some of your money in the ‘Go! Go! Go! years’ doing what you want to do. Know that if you don’t spend it, your children will. I promise.”