Retirement, the Cart before the Horse

Episode summary introduction:There are so many times in life we hear the expression “You have the cart before the horse”.  This holds true for some many things except for one, planning for retirement.  Something so important we always take for granted.  Take a walk with us as we share some thoughts about how to approach retirement to allow us to really live the way we were meant to in our golden years. Topics discussed in this episode:The plan is the key to a happy retirement, make yours with this in mind:The best time to start planning for retirement?What to consider when making a retirement plan?Reviewing your retirement plan?The best age to retire?Dealing with the transition from work to retirement. Why are so many people ill prepared to deal with retirement?Money can’t buy happiness but it can set us up for a happy retirement, make it a solid plan. Walkabout takeaways:A retirement plan needs some care thought:Make your plan flexible without compromising the lifestyle you want.Estimate how much you will need to spend so you don’t compromise your style of living.Aim to be debt free in retirement.As you get closer to retirement, you should gradually adjust your investment portfolio to take on less risk and protect what you have.Part of your plan needs to focus on a healthy lifestyle, take care of yourself or all that hard work you have put in is for nothing,Retirement is not easy for everyone. Retirement is a big event that will cause stress.  Ease into it to make your transition as seamless as possible.  This means staying busy along with being healthy.Finally, You deserve a happy retirement, don’t take planning for it for granted. More about E-Walkabout:To learn more about Electronic Walkabout visit us at   www.ewalkabout.ca.“Remember to take advantage of the moment before the moment takes advantage of you!”