This post was brought to you by J Women’s Network and Genworth. All opinions are my own.
Retirement…. Boy that sounds like a great word right now; I’m in my mid 30’s retirement sure is far out and sometimes I wish I would be ready to retire. All the crazy schedules and work tasks totally make my day go by so fast that I can’t even blink and the next day is here. I wish I could slow down and retire. Well… That’s a dream of many of us I’m sure. Who wouldn’t want to retire in their 30’s maybe 40’s, I for my part would be happy to retire comfortably in my 50’s.
However, there is a lot of planning and strategies that will have to go along with that plan. You can’t just wake up one day in your mid 30’s and say I will retire in 5 years. I know they do that in movies, but unless you are very wealthy and maybe a rock star, that probably won’t happen to you. So, planning is the way to go.
The sooner you plan and start saving for your very own retirement, the easier it will be for you to retire at a certain age that you think you can retire, or even if you have to wait till retirement age, at least you will be prepared. A lot of seniors nowadays aren’t even ready for retirement age and are struggling every single day to make ends meets.
The sooner you look into retirement savings plans, 401K’s or what else your company has to offer and even put a small amount into that account each paycheck, will help you come retirement age. I have my 401K for over 10 years now, granted we can’t put a lot of money into the account now, but if I keep going the way my account estimates my retirement, I will be ok to retire at normal retirement age and have no change of income at that time. Plus once the kids move out and I don’t have all those extra school expenses, I could always up my plan to save even more for retirement.
It is important to start saving as soon as you can and DON’T take the money out of the account to pay off a car loan or to buy a new car. Save it and forget it and you will be happy ever after once retirement finally comes around.
So, spend a few minutes today and check out this great article I found over at Genworth “Guaranteed Income for Life” and see how you can prepare for your very own retirement
Are you ready? Is your family ready? Would love to hear what steps you are taking to prepare for retirement and maybe what your goal is to retire? I’m shooting for around 55 to be my retirement age, a gal can dream… You do know that dreams do come true.