Above: Think Money Circle

The time has come, you have finally reached the point of retirement and your retirement money starts to kick in. After years of preparing for it, here it is, right in your hands. But the question is, how do you transfer those funds from your hand to your very fingertips?

Money at your fingertips is all about handling your retirement money and putting it into good use so that it may last you long. Its money well earned, so it might as well be money well spent.

• Limit your withdrawals of your total retirement fund in a year at three to five percent.

- this will enable your funds to earn back what you’ve withdrawn or to compensate what you’ve actually withdrawn every month.

• Think of downsizing your expenses

- move to a smaller home since your retired and your children are making

it on their own, this will help you decrease expenses

• As much as possible use your non-retirement savings first

- its better to save your retirement fund so it may earn longer

• Open an immediate annuity

- its going to help you receive a constant/fixed amount every month

It is always good to have a financial adviser to take in consideration possible ways of sustaining your funds or making it more profitable. Being wise doesn’t mean that you won’t enjoy your retirement funds. It’s a matter of just putting in the right choices so that it is being used rightfully