When you’re thinking about your retirement plan, don’t just think about the basic things you’re going to need to get by.
Food, housing, and medical care are essential things—we can’t have a good retirement without them! But can you really feel excited or fulfilled if the only things you have in your retirement are the basic necessities of life? Will you feel excited every morning knowing you have those basics but not much else?
I know. I wouldn’t be fulfilled, either.
So of course, plan for the basics when you’re planning for your retirement. But I also suggest that you plan for your dreams.
Do you want to pursue a second (or third or fourth) career? Great! In addition to making plans to cover your basics, look into the scholarships you’ll need for any retraining that goes along with your new career.
If you have the travel bug, terrific! That means your retirement plan will be all about budgeting for your adventures—including any discounts you can get as you enter your 50s, 60s, and beyond.
But how are you going to make sure you have the resources to carry out your retirement plan? After all, our generation doesn’t have pensions. We know that Medicare is wonderful, but it doesn’t cover everything. And the cost of living is going up faster than our ages.
Obviously I can’t tell you what to do, but I can tell you what I’ve done. I’m over 50 and have decided that I’m tired of corporate work. I want a retirement where I still work—but when and where I want. And I want to help people.
What have I done? I’ve gone into business for myself doing just that—I show other people how I have made my retirement dreams possible and then help them do the same thing. At the same time, I’ve adopted a wealth management system that allows me to manage my own finances instead of trusting them to some stranger.
And what a difference these things have made in my life! Now I can plan on being able to do the things I want to do for the rest of my life.
Your retirement plan is going to look different from mine. But I know you can make your plans happen, and I’d love to show you how.
Tags: Retirement Plan