PUBLICATION SP822G

Farmland Legacy Series: Chapter 7 Retirement Planning: Realities and Resources

Publish Date: March 25 2021 |  Language: English

DOI: doi.org/10.7290/UTIAPub/SP822G

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If you have questions about this resource, contact your county Extension office.

Summary

Guidance on preparing financially for retirement, with explanations of common income sources, savings and investment options, tax considerations, risk, asset allocation, and the role of personal assets in later life. Encourages early planning and informed decision-making so individuals and farm families can better support retirement needs while considering long-term goals such as business transfer.