Retirement Plan

23 June 2013 Retirement Planning Being able to retire is an achievement that you want to enjoy to its fullest, but you cannot enjoy it if you have not successfully planned for it. When you start planning for retirement you need to think about where and how you want to live. Do you want to travel and would you travel internationally or domestically. What things do you like to do? Go to the movies, go out to dinner, spend time with family and friends. All of these things cost money and if you do not have the money when you retire you will not be able to do these things or you will have to consider coming out of retirement and going back to work. The most important thing is to have a good solid plan and start when we are young. One thing is true, we do not want to think about retirement planning when are so young because we know that is so far away, but we could not be more wrong. Young people in their 20’s that start their 401k will be happier than someone who started in their 40’s since time will only increase their investments. Financial planning is so important because a lot of what we do and how we feel when we get to the retirement time of our lives comes from how well we have planned our future when we were young. If we do not plan to retire and we are stress out then our retirement years are not going to be filled with pleasure and good memories next to our grand children. I am looking forward to the time I can retire. I am not sure what I am going to do with my days, but I hope that when I retire my children will live near by and hopefully they will have children so I can enjoy them in the same way that my grand parents are enjoying mine. I have family in Panama and I think I would like to spend some time with them. I think it is also important how we take care of our health now so when we are able to retire we will be in such great physically condition to enjoy the time we have worked so hard to