Unfortunately, most of us don’t do a good job of planning that far ahead. And some of us don’t think about fluctuations in the economy or government decisions that can have a major impact on our retirement plans.
Several of the companies I had invested in went belly up in 2008. I watched as the company I was with down-sized again and again as contracts were cancelled or projects postponed in 2009. It was reported that most 401k plans lost 3% after the U.K. voted to leave the European Union. That’s some future money that will be hard to replace.
That aside, most of us think we don’t make enough money to effectively save for the future. But I believe that the two most important things to have in retirement is good health and enough money.
How we get and keep those two things is the real challenge after a person retires. For most of us, that means we’ll keep working long after the retirement party is over.
Welcome to my website, where I try to give the best retirement tips from a first person perspective. for the twenty-first century and retirement information that you won’t get from your financial advisor.
This website addresses the “new retirement” topics such as how to preserve your retirement savings, how to generate additional retirement income, find fun retirement jobs and how to get involved in fun retirement activities.
How Much do I Need To Retire
In today’s economy, most people won’t be ready for retirement or may not have enough money for retirement. Costs go up every year and everything, especially health care, is getting more expensive. There is a lot of information available from federal and state government agencies, banks and investment firms.
If you don’t have enough savings it becomes difficult to continue investing in your future. Then the problem is finding information that fits your situation or wading through the bureaucracy that comes with it.
There are a lot of rules you have to comply with and the rules seem to change from time to time. Everybody has to sign up for medicare and figuring out when and how to apply for social security can be stressful by itself, especially if you don’t use computers.
The purpose of this website is to help retired folks and those who are soon-to-be-retired get information that will help them identify their options in achieving a successful retirement. If we can help reduce the complexity and uncertainty associated with retirement, and to allow them to concentrate on what matters most in retirement then we’ve been successful.