Hello. I am beginning to worry. Now that I am retired, I am afraid that living on a fixed income is going to be quite a challenge. Im not sure we have enough in our retirement fund to live comfortably. Do you think bankruptcy is my only option if I run into problems since I am retired?

Are you heavily in debt or something?

Just make sure you plan your retirement correctly. There are ways to make sure your money last as long as you do. You can email me directly if you need some help.

you gotta compare how much you have in your retirement fund, your total cost of living and expected inflation increases...

Living on a fixed income is really not that hard. It just takes a lot of discipline and being aware of what you buy. Just have to make those pennies stretch.