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When Planning for Retirement Remember These
These Things Will Change Soon
Have you started planning for retirement yet?
You should be. Ideally, retirement planning should begin as soon as you enter the workforce. In my opinion, it is something that should be taught starting at the grade school level. It seems to be getting better, but I’m always shocked at how many people walk out the door on their last day of employment and ask themselves. “What now?”
They didn’t plan. They had some vague notion of social security or the equivalent in their country. Perhaps they looked forward to the day when they didn’t have to work anymore. But they didn’t give any thought to what they would need to pay for and how they would manage it. Some people retire after as little as 25 to 30 years in the workforce. Then, have another 25 to 30 years or more left with no clue as to how to manage them.
Then there are people like me, and hopefully you. The planners. The people with spreadsheets and charts and lists, all full of retirement plans. If this is you, that’s great. But you need to sit down and take another look at your plans. There may be things you haven’t quite thought out yet. Or something you have thought of, but not in quite the correct way. Because one thing is certain. When you retire, things change.
