If we do not have enough income then we are dependent on some support for our living needs.
Social services in many countries will provide financial aid for basic living and medical costs. In many cases these are means tested. If you have capital above a fairly modest level, for example equity in your home or other savings or investments, then you are often required to liquidate these before the state will step in and help.
If you have financial needs, ask for help from the free sources. There are government information documents that are free, so you do not need to talk directly to an official if you do not want too.
Monday, 4 January 2010
Retirement and Finance
Labels:
assets,
government,
income,
medical costs,
retirement,
savings,
support
Retirement at Last
Retirement at Last!!!
Are you pleased to have the new found freedom, or is just another reminder that time is winding down?
Well now is the time to choose.
For me it has been a new freedom. For the time being it is a release from the obligation of earning a living but a new dicipline of surviving on a limited income.
In this blog I am going to look at the main issues that us in retirement have to face, and the pleasure and pain that this all brings.
Let me have your comments and questions and we can explore them together.
Are you pleased to have the new found freedom, or is just another reminder that time is winding down?
Well now is the time to choose.
For me it has been a new freedom. For the time being it is a release from the obligation of earning a living but a new dicipline of surviving on a limited income.
In this blog I am going to look at the main issues that us in retirement have to face, and the pleasure and pain that this all brings.
Let me have your comments and questions and we can explore them together.
Subscribe to:
Posts (Atom)
