Tag "retirement strategies"
The secret is to plan well and at the right time to enjoy your later years in peace. It is normal to make mistakes, more so when it comes to planning for your retirement. If this is the case, it’s never too late to make necessary adjustments.
Retirement is a time when an individual stops employment completely. However, semi-retirement (reducing work hours) is still an option.
Many retirees have some kind of savings that were accumulated over the years; but for low income workers, they may retire with little or no savings, leaving them to rely mainly on Social Security benefits and financial help from loved ones.
As we approach retirement, we begin to seriously think about whether or not we’ve set aside enough to sustain us comfortably through our retirement years.