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60 Seconds Focusing on Value:

"How long a retirement should you plan for?"

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How long a retirement should you plan for? Last year Hallmark sold eighty-five thousand, Happy One-hundredth birthday cards. Your retirement may seem far down the road, but most of us have no idea how we will spend our second half. So why not do some transition thinking now? Could you turn your hobby into money making? Can you start improving your health and fitness? What expenses will you reduce? Are you saving? IRAs and 401(k);s can help allay retirement's biggest fear: living to see the well run dry. In retirement, no one will take care of you unless you take care or yourself. Bald, helpless and broke is how to start life, not finish it.