Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By The Tie Dyed Mystic
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Retirement Is Easier Said Than Done

% of readers think this story is Fact. Add your two cents.


It is a rare day when someone doesn’t ask me how many days I have left until I retire.  I do have a strong desire to retire from the work I am currently doing so I have more time to do other things including doing nothing at all.  I am running out of gas.  Unless you are near or at the typical retirement age you probably have no idea what it means to retire.  You don’t give your employer notice and two weeks later wake up on the beach in Key West with $1,000,000 in a Swiss bank account.  For many people it simply means you quit your job.  Of course, you can do that at any age.  It’s really not about age as much as it is about money.  It occurred to me recently that retirement is like Obamacare.  You shouldn’t repeal your current source of income until you have a another income in place.  The average person is not given a pension or a healthcare plan unless you are in a union.  You definitely do not get a “Golden Parachute” like most overpaid executives.  In my situation you can collect your social security benefits, supplement that with whatever money you have saved in 401K’s or other accounts, and possibly work a less stressful, part time job.  Another shock for some people is that Medicare is not free.  A Medicare plan with a supplement and drug plan can cost you approximately $300 a month and this comes right off the top of your social security check.  Another thing to consider is how you want and expect to live.  Most people are happy if they can continue to live as they have been much of their life.  If you are happy with your current standard of living you need to ask yourself how much it costs every month to live that way.  If you quit your job do you have enough other sources of income to sustain that lifestyle?  Another part of the equation that is very difficult to estimate is how long you will live.  I could keel over today with no warning and never get to retire at all.  My father, on the other hand, retired at age 62 with a pension, and was retired for 22 years when he died at age 84.  Once he retired from 40 years at the Louisville Gas & Electric Company he never worked another day in his life except in his garden.  I could end up as a Walmart greeter (God forbid!).  The bottom line here is that you can’t save too much money and it is never too soon or too late to start.  If you have a spouse or significant other, it also helps if they are on board and you are both on the same page.  As I have told people many times, I was only 34 years old when I started working at Humana and I will soon be 66 years old.  Life moves quickly as Ferris Bueller once said.  Getting old happens more quickly than you think it will.  I do not have a definite date that I expect to leave here but I am trying to get all my ducks in a row so I can retire eventually.       


Source: http://tiedyedmystic.blogspot.com/2017/01/retirement-is-easier-said-than-done.html



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.