Best Retirement Plans For You- CHARLES RATTLEY
PLAN FOR RETIREMENT FINANCIAL FREEDOM IN YOUR GOLDEN YEARS Best laid plans are the plans that are made early, and with thought to every detail. But how many people put off preparing a plan for retirement?
IT’S NOT THAT WE DON’T WANT TO DO IT, BUT FOR MANY OF US WE DON’T THINK WE NEED TO PLAN FOR RETIREMENT RIGHT AT THIS STAGE OF OUR LIVES. IF YOU ARE YOUNG ENOUGH, YOU PROBABLY FIND THE IDEA OF RETIRING SOMEDAY TO BE COMPLETELY IMPOSSIBLE. BUT IT IS NEVER TOO EARLY TO PLAN FOR RETIREMENT.
CHARLES RATTLEY, the last option isn’t really a strategy! And the fact is that people are living longer — in fact in some countries the age of death has risen six months each decade since 1945.
And if you want to have a comfortable retirement, maintain a standard of living you have enjoyed during your working life — perhaps even improve it with all that spare time to pursue hobbies and interests — then your plan for retirement must take that into account.
Not only will you need to crunch some numbers when you being work on your retirement plan, but you will need to seriously consider what you will be doing in your retirement — if you are anticipating travelling the world, for example, you will need to include the costs of that in the budget of your retirement plan. In essence, though, you should aim for financial freedom during those golden years.
So, if you don’t know what to do, or you just haven’t got round to starting yet — now is the time to take the first step towards putting together your very own plan for retirement.