Research shows that more than 50 percent of people who haven’t planned for retirement are nervous about the impending change, however 95 percent of people who have prepared are optimistic and excited about giving up work.
When was the last time you got a do-over? Maybe you took a mulligan in your last game of golf, or you had the chance to revamp a project at work for better results. Unfortunately, financial mulligans are few and far between, and are almost nonexistent when it comes to retirement.
Retirement is an exciting time for most people; it means more time to relax and spend time doing hobbies you enjoy. However, not everyone looks forward to retirement. Once your full-time income disappears or lessens, it can be really scary if you haven’t saved enough to live comfortably
While retirement is supposed to be a relaxing reward after decades of work, it can only become that if you put in some planning ahead of time. No matter how far away that retirement date seems, it pays to be thinking about these 5 things now.
Let’s skip the financials of retirement – the question of whether you will have enough money to allow you to retire. Let’s explore the psychology behind your choice to retire (or not), and the impact it can have on your health and well-being. The key questions here are: Will you be happier retired or working? Will you be psychologically and …