Many times, we are just looking to get to the finish line and be able to stop working. What we are not thinking about is finding a way to have enough money once we get there. That is what the biggest problem is with people who are contemplating retirement or continuing to work for many more years. They are faced with the problem of how I will live without my regular income. The problem is that they did not think about the future and now that it is here, they do not know what they will do. This is shy it is so important to be able to go and start some type of savings plan now. No matter how old you are, something is better than nothing.
Friday, August 20, 2010
Options In Retirement
Joseph Leonard is a registered Investment Advisor in North Carolina, author of The Retirement Vault and founder and CEO of the Financial Management Company in North Carolina, Coastal Financial Associates.
Thursday, August 12, 2010
Catching Up On Your Losses
There are many of us who have lost quite a bit of our retirement funds based on what has been happening in the economy during recent times. What a lot of people do not realize is that there is still a chance to catch that back up even if you are in your 50’s this is because you should be able to put more money away as in many cases your kids will have grown up and you will have fewer expenses since many of your other regular payments will likely be paid off. You can then start funneling some of this money into your retirement savings in an effort to build it back up to where it needs to be so you can retire when you want.
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