Retirement is the "Pot of Gold" at the end of the rainbow for your working years. Most people look forward to having time to visit far away places, spending time with family and friends, starting that hobby they have eagerly awaited, doing volunteer activities, or just relaxing!
With an increasing demand from jobs, families, or outside activites for our time, we often don't take time to set a plan for our future.
The downturn in the stock market has been a sobering experience for many people this past year.
Different thoughts arise as a person thinks of retirement::
- When should I retire?
- Will I have enough money?
- What can I do now to prepare?
- What about Social Security and Medicare?
- How will retirement affect my tax situation?
- Should I have long-term care insurance and when should I start?
- What about my spouse or partner's choices about retirement?
The "rules" of retirement are changing within our lifetime. People are living longer thanks to better knowledge about healthy living and the availability of good medical care. Many are choosing to continue working less but staying in the workforce. Many choose to stay with their career longer if they find their work enjoyable and challenging. Many choose to travel or do volunteer work.
Because of the challenges with these retirement decisions, we are offering retirement planning as a part of our firm's services. We will meet with you and discuss your financial position, as well as offer a friendly sounding board for your aspirations or concerns. We can offer guidance to help you decide if you have enough money to do those things you want to do and what you can change today to help obtain those retirement goals.
If you are over 50 and want a retirement review, please call me for a personal appointment to how you can be prepared for your retirement years. Or if you are close to retirement, we can offer information about Social Security, Medicare, long term care insurance and tax advice.
