HAVE YOU PREPARED FOR RETIREMENT?
The fact that more people are using their retirement years to recreate themselves and try new thingsš§³
One of the most obvious concerns of retiring is having sufficient finances to live a reasonably comfortable lifestyle throughout retirementš°
Things to consider before actually taking the retirement plunge:
ā¢ Planning for retirement in advance of retiringš
ā¢ Where to live during the retirement yearsš
ā¢ What to do with oneās time during retirementā°
ā¢ Possibly working or opening a business after retirementš¼
ā¢ Finding a sense of purpose in retirement:
ā¢ Finding personal fulfillment in retirement
ā¢ Finding leisure activities (hobbies, etc.)ā³
ā¢ Finding volunteer work
ā¢ Deciding whether retirement is the best option
According to the U.S. Census Bureau, approximately 10,000 Americans
retire each day and this number is steadily climbing.
In addition to the large number of upcoming retirees, another factor
is that people are living longer and healthier livesāļø
The average life expectancy in the United States today is about 76 years for men and 81 years for women (these figures are slightly higher for Canada) compared to an average for both genders of about 68 years in 1950š»
This means that if people retire at 60-65 years of age they can expect to live
an additional 15 to 20 years or even longer after retirementāļø
The fact that more people are using their retirement years to recreate themselves and try new thingsš§³
