#4 Home Improvements

Yes, you read that right. This is one of those big purchases that many choose to make before they start retirement, and you should probably also be looking into doing it at least a few years before you retire as well. Such big purchases may seem odd to some, but think about it this way: once you are a retiree, you will have to learn how to live on a fixed income, and getting a surprise expense like replacing the roof is not going to look nice when you start budgeting.

Because of this, all expensive purchases that are known to possibly cost you around or even over $20,000 (like roof and window replacements) should be done while you are still employed and before you get retired. In the end, it doesn’t mean that you have to stop working after you reach retirement age, but rather that you are not going to stray much from your calculated retirement budget.

Believe us, taking care of these big-ticket purchases will leave you with fewer stressors during your retirement years.