“Retirement is a time to make the inner journey and come face to face with your flaws, failures, prejudices, and all the factors that generate thoughts of unhappiness. Retirement is not a time to sleep, but a time to awaken to the beauty of the world around you and the joy that comes when you cast out all the negative elements that cause confusion and turmoil in your mind and allow serenity to prevail.”
— Howard Salzman
Sooner or later, we will all face retirement. Others see it as an opportunity to relax and enjoy the fruits of our years of hardship; while others see it as a future full of anxiety and uncertainty. Perception and readiness would determine which path it would be.
For someone who just finished college and on his way to a successful career, retirement is not a priority. His focus would be his field of expertise and to climb the corporate ladder. Yet, financial advisors encourage that we all start planning for our retirement as early as possible. There is no earlier time than now in saving and considering a retirement plan.
There are dozens of retirement plans in the market. They cater to different needs, wants and financial capabilities. One key item that could help us decide is research. Learn the different policies that would best fit you. Do not be afraid to explore the pros and cons– personalize and simplify. Look for trustworthy online resources that would compare one from the others. And for an in-depth discussion, contact a reputable financial expert.
Saving not only for your retirement but also for an emergency fund would secure your future better. Having a retirement fund but not an emergency fund could make your savings unstable. In times of crisis, like being sick or having other unplanned expenses, we immediately tap into whatever resources we have. Protect your retirement fund with an emergency fund.
Relaxing by the beach while drinking fruit juice during your retirement is possible by planning, saving and investing. You deserve such.