This is the time of year when you start hearing people talking about the dog days of summer: The long, hot, and depending on where you live, humid days of summer. The term “dog days of summer” refer to the dragging on of unpleasant conditions. I’m sure most children think it’s just fine as the alternative means the beginning of school.
If you’re at or near retirement age though, the goal is to never have dog days of anything. We imagine bright, sunny days at the perfect temperature. We plan on living by our own rules, enjoying every day to the fullest and doing the things that we want to do. That’s what retirement should be about. You’ve paid your dues and spent the last 40 or so years working hard. It’s your time now.
The problem is, you can’t just show up at retirement and expect that magical oasis to happen. Just like putting together an amazing trip takes thoughtful planning, so does your retirement. And, there are many variables to consider when putting together your retirement plan. Things like:
- How do you envision spending your time?
- How will you handle future health care concerns?
- Do you have enough money to last for the lifestyle you have planned for?
- Do you have a tax-smart investment strategy?
- Have you made future plans for your loved ones?
These are just some of the questions that need to be answered in order to create a solid retirement plan. Dealing with these variables now can help make retirement mush less stressful later. These retirement questions should be considered carefully and getting the help of a financial professional is recommended.
You can discuss these questions and any other concerns you have by clicking here to set up your complimentary, no obligation financial review. With a solid plan you can count on, you’ll be able to help steer clear of the dog days of retirement.
