Retirement Planning: Consider Your Time as Well as Your Money

happy retirement celebration cake

Retirement can be a scary thing. You wouldn’t think so, since so many people look forward to the day when they can stop working and take it easy. However, the financial and emotional adjustments can cause problems if you aren’t prepared for them. Most of us just blindly save money toward retirement thinking that the most important thing is to have enough money stashed away to keep from eating dog food for twenty years. While that’s important, it’s also a good idea to make some contingency plans for the other issues you might face.

The biggest problem is what to do with your time. Most of us can’t wait to quit working, but once we quit, what do we do? We say we

...

[Continue Reading at SavingAdvice.com]

This entry was posted in Personal Finance, Retirement and tagged , , , , , , , , . Bookmark the permalink.

3 Responses to Retirement Planning: Consider Your Time as Well as Your Money

  1. Miz Pat says:

    Aside from the sneaking suspicion that there may be no social security and my 401K will be down the tubes, I hope to work at least as a volunteer during what may be my golden years.

    However, I may also work part time as a massage therapist or do something completely different. Whatever I do, I hope to live fully now and then.

  2. Pingback: Carnival Of Retirement – 2nd Edition - Carnival of Retirement

  3. Tahirarache says:

    I will be 60 years in August. I have a daughter who finally found a job. It does not include health insurance or pension. And many jobs today might give you some health insurance. But pensions are out of the question. So what I feel I will do is take out another life insurance policy. I will name her as beneficiary so that after I am gone she will have money to put away for her pension. Also, I understand that life insurance is a tax free item.

    In my will she will be instructed to put the money away until she needs it in her old age. I have to do this because social security will not be enough. Any replys??

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>