Planning For Retirement
"You’re off to great places! Today is your day! Your mountain is waiting, So get on your way!" - Dr Seuss
This can be a nervous time for retirees. For years you have generated an income either through employment or your own business but that is all about to change. Your nest egg will effectively become your employer and it needs to be treated with care and respect. You many be asking yourself: How long will it last? What other income support do you have access to? how do I invest & budget effectively for this part of my life? all great questions, let’s have that discussion.
"So be sure when you step, step with care and great tact and remember that life’s a great balancing act" - Dr Seuss
Your ability to earn is your biggest asset and it should be protected. There are many reasons why people take out life insurance but for me there are 2 key ones (i) Repay Debt – if you die… debts die, period! (2) Provide an ongoing income to the family so their quality of life does not suffer.