{"id":15618,"date":"2024-04-15T10:25:24","date_gmt":"2024-04-15T14:25:24","guid":{"rendered":"http:\/\/10.130.206.81\/?p=15618"},"modified":"2024-04-26T14:53:29","modified_gmt":"2024-04-26T18:53:29","slug":"retirement-seen-through-your-eyes","status":"publish","type":"post","link":"http:\/\/10.130.206.81\/2024\/04\/15\/retirement-seen-through-your-eyes\/","title":{"rendered":"Retirement Seen Through Your Eyes"},"content":{"rendered":"
Some see retirement as a time to start a new career. Others see it as a time to travel. Still others plan to spend more time with family and friends. With that in mind, here are some things to consider.<\/p>\n<\/div>
If you could only get four or five things done in retirement, what would they be? Answering this question might lead you to compile a \u201cshort list\u201d of life goals, and while they may have nothing to do with money, the financial decisions you make may be integral to pursuing them.<\/p>\n<\/div>
Some people retire with no particular goals at all. After weeks or months of respite, ambition may return. They start to think about what pursuits or adventures they could embark on to make these years special. Others have known for decades what dreams they will follow … and yet, when the time to follow them arrives, those dreams may unfold differently than anticipated and may even be supplanted by new ones.
\nIn retirement, time is really your most valuable asset. With more free time and opportunity for reflection, you might find your old dreams giving way to new ones.<\/p>\n<\/div>
Here is another profound choice you get to make in retirement. The quick answer to this question for many retirees would be \u201cfamily.\u201d Today, we have nuclear families, blended families, extended families; some people think of their friends or their employees as family.<\/p>\n<\/div>
We can\u2019t control all retirement expenses, but we can manage some of them. The thought of downsizing your home may have crossed your mind. One benefit of downsizing is that it can potentially lead to no mortgage or a more manageable mortgage payment.<\/p>\n<\/div>
Many of us would like to give our kids or grandkids a good start in life, but leaving an inheritance can be trickier than many realize. Tax laws are constantly changing, and the strategies that worked years ago may have more limited benefits today.
\nKeep in mind this article is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax or legal professional before modifying any part of your overall estate strategy.<\/p>\n<\/div>
This is the most important question of all. If you feel you need to prepare more for the future or reexamine your existing strategy in light of recent changes in your life, conferring with a financial professional experienced in retirement approaches may offer some guidance.<\/p>\n<\/div><\/div><\/div><\/div><\/div>