8 Financial Do's and Don'ts for the 7-Figure Retirement
Spending your nest egg carefully is just as important as building it.
Making the transition from working life to retirement brings with it a set of new challenges, ranging from lifestyle questions about staying active to engaging with a whole different dynamic around day-to-day finances and long-term tax and financial planning.
With this column, I'll continue my look at the financial decisions facing a "Good Saver Couple." As I outlined in part one of this series, I'm defining this as a couple that has worked a full career, is somewhere between ages 62 and 66, and is considering retirement. They have a 401(k) in the low seven figures, own a home that is partially paid for, have consumer debt consisting only of car loans or leases, and no longer have kids who are financially dependent.