Retirement Income - How much is Enough Part 1/3

The image of retirement is one of luxury vacations, golfing with your friends 3 days a week and spending time with/and spoiling the grand children.

The reality for many is pinching pennies, limited travel and maybe dinner out once a month.

Many baby boomer's are finding the costs of their lifestyle are too much to manage in retirement.

As credit card bills start to mount, downsizing has more to do with eliminating debt and expenses. For many the first 5 years of retirement can be an eye opener!