January 26, 2013

Retirement isn't easy for many Americans and people living in countries where the global recession is taking its toll in the wake of unemployment and loss of benefits from retirement packages to government assistance.

Speaking as a Senior, about to turn 70 next month, I see no need for me to retire as I enjoy what I do and feel that I am making a difference, though I could retire if I chose to. Most of the friends in my age group are professionals, now retired, a few still working part time in their fields.

We come to the rest of the senior community around the US and the world ... Some have longed planned for retirement and are out having fun. Others have had their dreams dashed in an unsustainable economy, where one has come to understand not to believe what we read in the news and that historically economies fail. Many people were counting on inheritances, pensions, 401Ks and the like, that no longer exist or are not enough to support them. Many women, in my age group, never worked and therefore are not eligible for Social Security benefits, unless widowed. As in all age groups, the need to secure money for the future is not always easy and even the best laid plans ... can go astray.

Many of us have stories about bad investments and be taken for money at some point in our lives - by anyone from friends, family, lovers, so-called financial planners, scammers, etc.

Below are are helpful tips on financial planning, though nothing in the economy is ever set in stone and is subject to change.




Lies We Tell Ourselves About Retirement   Yahoo - January 26, 2013
We may not want to admit it, but our own beliefs are often the biggest obstacle in the journey to financial freedom. Sometimes our own behaviors make it more difficult for us to achieve a financially secure retirement.

Here are a few lies you may be telling yourself that are preventing you from reaching a comfortable retirement:

1. Everybody works until full retirement age

2. There's a secret to investing that I don't know about yet.

3. I can always save later, so why start now?

4. It's too late to save, so let's not even try

5. Money is safe in a bank account.

6. The Joneses have everything.





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