When you think of what you’ll need to pay for during retirement

But is he really, really back? We’re about to find out. The Masters is approaching, and Tiger has always maintained that all he cares about is winning majors. He’s now stuck on 14, four behind Jack Nicklaus. I agreed, but added that since I am a boy and boys like their toys I absolutely need to a retirement house (not retirement home not yet anyway) with a play room. Of course any respectable play room requires a pool table, audio visual gadgets, the obligatory big screen TV, and so on.Ah, but the fun must eventually end. In this case the end came with a follow up question, “How are you going to pay for these things?” That’s a more serious question, and it requires more serious thought.When you think of what you’ll need to pay for during retirement, every expense can be grouped into one of two general categories: lump sum purchases or ongoing expenses.

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