Retirement is a time in your life that you’ve spent most of which working towards. During all those years, have you actually envisioned YOUR retirement? What did you see, and what exactly have you planned?
- Will you be travelling?
- Will you be helping your children and grandchildren financially?
- Do you know the realistic costs and processes behind health care in the event of illness and Medicare gaps?
- Are you aware of the liability of your assets and their vulnerabilities to taxes, etc.?
It’s the rare occasion that an individual has enough cash in their savings or retirement plan to be able to say that “they’ve got it covered.” The majority of us think that we’ve got it covered and sweep the task of really planning it all out until we reach the point that it’s too late. Your retirement, like your health, is a precious commodity and blessing. By planning, you can help to ensure ability to enjoy the long road ahead of you.