Respite In Retirement
Even with a pension plan, experiencing financial freedom can be challenging in today's economy, what with inflation, increased cost of living and economic downturns. Fortunately, if you start preparing early, old age may not be so bleak after all. Ready for retirement Firstly, have a plan. Consider your health condition, besides the daily expenses you may incur in old age, and certain health matters you may be predisposed to. This requires you to alter your savings and spending habits for a secure and comfortable life in your twilight years. Out With: "I never have to work again". In With: "Retirement means I'll work less, but do more of the things I enjoy". Why: It's proven that part-time work in retirement is beneficial for overall health. It keeps your mind alert, sense of purpose intact and your physical mobility in better condition. Out With: "I'd paid for my home by the time I retire". In With: "I may still have