Solar energy and alternative energy are becoming the wave of the future. But it is not just for your future. It is for now. Do you have a retirement planning guide?
When will you retire? In 10 years? In 20 years? In 30 years? If it is 10 years or less, you will need to take a look at your electric bill. My electric bill has slowly increased over the years. It has increased a little every year so that I hardly noticed it – until I look back 4 or 5 years ago. Then I see a big difference. I think the electric companies are doing that so we don’t notice their increases.
If you can look back 5 years at your electric bills, then you can look forward 5 years to estimate your future electric bills. Look at your previous electric bills over the years to see how much they have increased. If it has increased 20% over the past 5 years, then it will probably increase 20% over the next 5 years. If that’s the case, does that mean it will increase 40% over 10 years? Or 80% over 20 years?
Before considering retirement, consider your electric bill. Most people planning retirement look to make sure they will not have a mortgage note. But by the time you retire, your electric bill could be as high as a mortgage note. Wow! Are you planning retirement? Have you planned your electric bill increase? Electric companies will turn off your power if you can’t pay your bill and won’t blink.
Consider alternative energy. Invest in solar to reduce your electric bills now and in the future. What will your bill be in 10 or 20 years?
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