Six Retirement Planning Tips from Vanguard Retirees

Vanguard, has low fees for retirement and investment brokerage accounts:

They posted a blog post recently on lessons we can learn from Vanguard Retirees:

  1. Plan and be aware of taxes
  2. Think about what you want to do when you retire
  3. Know how you want to handle debt such as a home mortgage
  4. Delay taking social security
  5. Plan for the unexpected
  6. Think long term when investing and saving

Also, I really found these quotes inspiring:

Live below your means. Who cares what your friends have? You don’t know how they sleep at night. -Paula M.

My wealthy uncle told me three wise words about investing: “Do it now.” Waiting is deadly. -Harlan G.

There is so much that’s out of our control (housing appreciation, market returns, etc.). But our savings rate and where/how we invest our earnings is entirely within our control! -Katrina B.

You can do it. Don’t forget to help others along the way. No one will care about your money more than you. -Alan W.