By Ryan Brooke, CFP®, ChFC®
Was retirement on your mind pre-pandemic? Whether you were already planning for your retirement or you’re just starting to set a date now, chances are retirement might look and feel different in a post-pandemic world.
Whether your retirement is just around the corner or years away, ensuring your preparations are in order can be the centerpiece of an effective retirement strategy. This is especially critical when you consider that approximately 4 out of 10 households are predicted to run short of money in retirement.
You love everything about being gainfully employed. But you’re getting close to retirement. What do you do? Should you wait until you’re 70? Retire at 62? Or continue working, but fewer hours, or maybe, in a different, less-demanding position?
In this article, we will explore some of your choices. We will take a look at some of the available options that may fit your circumstances and lifestyle, while also considering the condition of your health during your later working years.
Beautiful vistas, glorious landscapes, sunsets, quaint towns and exciting adventures. The sights and sounds of traveling. Are they lost once you retire?
Retirement generally means transitioning to a fixed income, but the image of fixing yourself in a rocking chair on the front porch is outdated. Opportunities for travel and writing your own next chapter are abundantly available, if you plan in advance to make these things happen.
How about the City of Lights with the Eiffel Tower in the background? You can take weekend trips to the Louvre.
Thinking about the Eternal City? Visit the Colosseum or the Pantheon in your free time.
A smart bungalow in a quaint London neighborhood would be absolutely smashing. And you wouldn’t have to learn another language—other than British English. You can always tour the Tower of London or take a gander at Buckingham Palace whenever you feel like it.
