Home Add to Favorite Contact Submit  
             27 November, 2020
 

    
Category:  Articles » Finances » Personal-Finance

 

Plan A Comfortable Retirement

Popularity:
         Views: 1291
2006-11-27 21:23:42     
Article by John Furnem

Retirement is not something that you think about when you are in your twenties, it is almost always a little later in life that you start to think about the day that you will retire and you start to think about what will you do than.

Naturally there are many factors that one can not plan, and it is impossible to know what the future holds, but on a certain degree of normal life you should expect everything and everyone to be fine, and you need to think and plan your retirement taking into consideration many different things.

The first thing you should do is to talk with your partner, your significant other, wife or husband, and start an open talk about the way you see retirement and what you expect it to be like. There are some people who dream to travel and see many places they only read about, others prefer to read at home or move to a retirement community, some dream of the day that they could only play golf and not think about anything else but the next tee shot. Whatever your plan are try and make sure that your partner knows about them and that you know what are his or her plans too, so you make a common plan for both of you.

Another step that is highly recommended is to meet with a retirement consultant, one that can look at all your assets and properties, and calculate for you your financial situation you will be at when you retire, this kind of expert can help you make better financial plans, and many time it is well worth the money it costs. Plan your financial future carefully, entering retirement with a mountain of debt and very little income is going to lead to anything but a comfortable retirement. Try and honestly review your financial position and start thinking of taking the necessary steps before your retirement so your will know that your finances in order.

If you have been working for many years you should think about your pension entitlement, try and have someone help you closely examine your individual benefit statement that is provided periodically by employers and see just what benefits you are likely to receive from your pension plan. It is also a good idea at this point to talk to your employer and to see whether there are steps that you can take increase your pension benefits.

These are but the first steps to take towards a nicer, calmer and comfortable retirement, you should think about the day that you will stop working and start enjoying life, do everything you can that these period in your life will be with the least amount of worries and trouble before you enter it.

Specialized in: Retirement Plan - Retirement Planning - Retirement Plans
URL: http://retirementips.com
Print article      Bookmark this page
Related Articles 
Get Unclaimed Safety Deposit Box Contents Back (Popularity: ): Millions of dollars is left behind every year in unclaimed safety deposit boxes; that money remains with the government. In every annual audit, banks give the content of safe deposit to the government after a specific period of time. The reason the content of safety deposit escheated to the government is that it is being lying in the bank untouched from the owner or heir of the deposit.Many times, people ...
Wells Fargo ATM Locations - Easily Accessible (Popularity: ): When you need money, the last thing you want to do is search for an ATM location. Using machines from other banks can rack up fees. Rather than spend a portion of your hard-earned cash on senseless fees every month, choose a card that offers many locations.Wells Fargo is a trusted name when it comes to financial institutions. For years, people have been turning to Wells Fargo for their banking ...
Are you loosing hundreds of dollars in interest each year? (Popularity: ): Most of us have savings accounts that earn interest. What many people don't know is that there are also safe, FDIC insured, interest-bearing online checking accounts. The yield on these checking accounts is actually higher than the yield on savings accounts at the local bank! So why not get the best of both worlds: the ability to write checks and earn interest!Since 2000 I've been using AmericanBank E-Checking (don't confuse ...
Grocery Coupons For Beginners (Popularity: ): If you are new to using grocery coupons, I'm about to tell you all you need to know to start saving up to 70% off your food bills every time you head to the grocery store. Using grocery coupons for beginners need not be a daunting task to reap big financial rewards.Here are 6 strategies for savings that all beginning coupon shoppers should know:1. Always use a high-face value coupon ...
Don't Be Afraid to Put All Your Eggs in One Basket (Popularity: ): You've all heard the old saying "don't keep all your eggs in one basket"...I'm sure. I find it very tiring myself. Sometimes I wonder if people even really understand what they are saying. The "eggs in one basket" refers to losing everything you have all at one time. In the investment arena, it means "don't invest in one fund, stock, bond, etc." You want to know what's dumb about this ...


Related Business 
Retirement Planning (Popularity: ): The ultimate retirement planning resource. Find out how to plan for retirement comprehensively. Learn to calculate retirement needs, get tips on saving for retirement, and how to allocate your assets properly. Get in touch with a qualified financial advisor who can help you plan your retirement for free.
Teacher Retirement Plan (Popularity: ): As a teacher there may be many ways in which you can plan for your financial retirement. The first step in making the right moves is to create a concrete teacher retirement plan of action that you can follow as a family. Many people focus too much on the now or too much on the later and find it very difficult when it comes to having a happy medium for ...
Early Retirement Plan (Popularity: ): We'll show you how to retire early by walking you through a free retirement plan so you can enjoy life and the benefits of an early retirement plan. We spend most of our lives working and working, saving and saving, accumulating and accumulating with the hopes that one day our journey will end at a big, shiny pot of gold labeled security.
Senior Resource Advisors (Popularity: ): With all the various retirement plan choices that are available today, everyone must be very careful about selecting the most suitable retirement plan for themselves. Valerie further developed her financial skills by earning dual certifications as an Annuity Specialist and a Long Term Care Counselor. She has helped hundreds of seniors with their retirement planning, including Baby Boomers, and is committed to building client relationships through honesty and integrity.
Powerful Free Online Retirement (Popularity: ): Powerful Free Online Retirement planning isn’t something most people consider fun, but it is a necessary task, especially with the uncertainty surrounding the future of Social Security. You think about your retirement goals – how you envision your retirement, the proper time when you want to retire, and how you expect the fund your retirement. You can plan everything with the help of hmsafe.com.
Michigan Retirement Specialists (Popularity: ): Michigan Retirement Specialists provides an educational approach to pre-retirement planning. We offer Estate Planning, Tax Planning, Annuities, Long-Term Care, & Post-Retirement Strategies, also educate advice, plan and manage to help our clients achieve peace-of-mind as they undergo the retirement planning process
Retirement Strategies Group (Popularity: ): Retirement Strategies Group, a Third Party Administrator, provides retirement plan design, administration for qualified retirement plans such as 401(k), Profit Sharing, Money Purchase Pension Plans
mPower.com (Popularity: ): Provider of investment advice and retirement education for 401k/retirement plan participants.
Highland Financial Advisors (Popularity: ): Our 401k and our 401k advisors are committed to assisting plan sponsors in meeting their fiduciary responsibility. We provide on-going fiduciary services and support to plan trustees and the plan’s retirement committee by reviewing all areas of a plan’s management. Providing plan design, plan administration, participant education, cost benchmarking, and investment recommendations, HIGHLAND’s 401k advisory service helps you control your fiduciary risk.
Retirement Plan Rollovers (Popularity: ): Well rounded retirement planning information and links to respected Wall Street firms.