There will be a time when we will all no longer be able to work but need to live off of our retirement funds and investments. This time, known as retirement, can be a very stressful and expensive period of life, so it is important to plan ahead, especially about your financial performance. To help ensure that you have enough money saved for retirement, mapping out your financial performance is a great way to get started. But the question is, where do you start? Should you make gold rollovers? Here are some helpful steps to map out your financial performance.
Identify and Track Your Income Streams
We can’t plan for retirement if we don’t know how much money is coming in every month. To start, make a list of all your income streams, such as wages from working or investments you have made. Track this information for several months to get an accurate picture of your financial performance.
It’s also a good idea to track any additional income, such as bonuses or gifts. The rule of thumb is that …