Happy With How Your Retirement Is Shaping Up?
Posted @ 1:05 am - Filed under Purposeful Planning, Retirement, Retirement Income, 401(k)'s & IRA's
Note: The pictures today have little if anything to do with this post. I just liked ‘em, and so they’re included. The only picture that matters today, is the one you have in your head representing your retirement. How’s that lookin’ these days?
Anyway, allow me an attempt to describe you, or someone (Many?) you may know.
You’re between 40-55 or so.

You have $20-100,000 in an IRA or 401(k).
You probably own your own home — mortgaged with payments you can afford.
You make more money at work than a few years ago.
You will make more money a few years from now.
Outside of your work related retirement program, you could last 2-6 months without your job.

Social Security is a central theme in your retirement income scenario — either by default, or plan — whether you admit it or not.
Your kids are either about to enter college, in college, or gone altogether. Wherever you are on that timeline, it’s not a small financial hurdle for most.
Your parents might need some help, if not total financial support — before long.
The thought just occurred to you — your retirement may not be the Jimmy Buffet love-fest you’ve always pictured.
Each birthday that comes and goes only serves to remind you how your so called retirement planning isn’t giving your those warm and fuzzy feelings.

Don’t despair, all is not lost. You just don’t have the #1 cause of a magnificently abundant retirement — A Purposeful Plan.
Now — scroll up toward the top of the blog, and listen to both Purposeful Planning podcasts. Then listen, for good measure, to Grandpa Economics.
You’re welcome.
This entry was posted on Wednesday, November 28th, 2007 at 1:05 am and is filed under Purposeful Planning, Retirement, Retirement Income, 401(k)'s & IRA's. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.