You Are Paying Too Much For Your Over 65-Year-Old Employees Retirement – Three Questions You Must Answer Before Taking the Plunge!

You are searching about You Are Paying Too Much For Your Over 65-Year-Old Employees, today we will share with you article about You Are Paying Too Much For Your Over 65-Year-Old Employees was compiled and edited by our team from many sources on the internet. Hope this article on the topic You Are Paying Too Much For Your Over 65-Year-Old Employees is useful to you.

Retirement – Three Questions You Must Answer Before Taking the Plunge!

Are you among the more than 76 million Boomers approaching retirement?

Wondering how to ensure a successful retirement or wondering if you should retire? Before making this transition, make sure you can say “yes” to these three questions: Do I Have Enough? Have I Had Enough? Do I Have Enough To Do?

DO YOU HAVE ENOUGH?

From the many books, articles, surveys, and television and radio reports, there is no doubt that this is a question on most people’s minds. With the possibility of spending 30 or more years in retirement, it’s imperative that your money lasts as long as you do. More to the point, you need enough money to support the lifestyle you would like to live. Some experts say you only need 60 to 80 percent of your current income to retire because it costs money to make money — workers pay for transportation, closets, meals, plus they pay Social Security taxes and invest in retirement funds. Many retirees have put their children through college, and plan to downsize their homes. Other experts, however, suggest that you may need 100 percent or more of your current income (especially when you first retire), if you still have children in school, if you have parents who depend on you for some financial support, if you have to pay more for your health insurance, plan to travel or pursue new interests, or want to move to a more expensive resort-style environment. And, don’t forget the latest statistic that came out recently from Fidelity Investments – a 65-year-old couple retiring in 2008 will need nearly $225,000 just to cover medical expenses. The real answer to “How much do you need?” is that you cannot trust anyone’s rule; you must make your own judgments after considering your own retirement plan.

HAVE YOU ENOUGH?

When polled, the number 1 answer when asked “Why do you want to retire?” is “to do other things.” But, what if you are already living your passion? Then you should continue working as long as you can (assuming, if you have a significant other, that it’s okay with him/her). Let’s face it – for many of us, working provides rewards and satisfaction such as status, intellectual engagement, social interaction, purpose, feelings of pride and accomplishment, structure and, of course, pay and perhaps health coverage. In the United States, success tends to be defined in monetary terms, but separating success and productivity from paid employment will create many more opportunities to make retirement a time of new and meaningful roles. It is important that you retreat to something and not from something.

DO YOU HAVE ENOUGH TO DO?

Okay, so you’ve got enough money and you’re ready to head off in new directions. Now the question is – how are you going to carefully fill 168 hours a week? There are many options, but think about what is important to you. Activities that are challenging and provide a sense of self-worth are one of the keys to a happy retirement. Yes, you can play golf and watch TV, but is that enough? What hobbies are there? What about lifelong learning? Should you start a second (or third or fourth) career? Think about the things you did when you were younger that you enjoyed but didn’t have time to do – singing in a choir, doing karate, teaching, performing in your school play, playing tennis, cycling and attending classes. And consider volunteering. As Winston Churchill said, “We make a living by what we get; we make a life by what we give.” Skills-based volunteering is the new mantra – using educated and business-experienced volunteers to help with projects and strategic planning, and leaving the “envelope stuffing” to lower-level paid staff.

If you can answer yes to these three questions, you’re ready to launch into a happy and successful retirement!

Video about You Are Paying Too Much For Your Over 65-Year-Old Employees

You can see more content about You Are Paying Too Much For Your Over 65-Year-Old Employees on our youtube channel: Click Here

Question about You Are Paying Too Much For Your Over 65-Year-Old Employees

If you have any questions about You Are Paying Too Much For Your Over 65-Year-Old Employees, please let us know, all your questions or suggestions will help us improve in the following articles!

The article You Are Paying Too Much For Your Over 65-Year-Old Employees was compiled by me and my team from many sources. If you find the article You Are Paying Too Much For Your Over 65-Year-Old Employees helpful to you, please support the team Like or Share!

Rate Articles You Are Paying Too Much For Your Over 65-Year-Old Employees

Rate: 4-5 stars
Ratings: 8519
Views: 55281177

Search keywords You Are Paying Too Much For Your Over 65-Year-Old Employees

You Are Paying Too Much For Your Over 65-Year-Old Employees
way You Are Paying Too Much For Your Over 65-Year-Old Employees
tutorial You Are Paying Too Much For Your Over 65-Year-Old Employees
You Are Paying Too Much For Your Over 65-Year-Old Employees free
#Retirement #Questions #Answer #Plunge

Source: https://ezinearticles.com/?Retirement—Three-Questions-You-Must-Answer-Before-Taking-the-Plunge!&id=1440027

Related Posts

default-image-feature

14-Yr-Old Asking People To Use They Phone And For Rides Discovering and Using Your Gifts For God

You are searching about 14-Yr-Old Asking People To Use They Phone And For Rides, today we will share with you article about 14-Yr-Old Asking People To Use…

default-image-feature

Why Is My 2 Year Old Acting Like A Baby When We Fight My Husband Acts Like A Child – What Can I Do?

You are searching about Why Is My 2 Year Old Acting Like A Baby, today we will share with you article about Why Is My 2 Year…

default-image-feature

What Is The Best Milk For 1 Year Old Baby Balanced Diet For Rabbits

You are searching about What Is The Best Milk For 1 Year Old Baby, today we will share with you article about What Is The Best Milk…

default-image-feature

Why Is My 2 Week Old Baby Fussy At Night Cam Ranh Bay Vietnam – First Duty Station [1971]

You are searching about Why Is My 2 Week Old Baby Fussy At Night, today we will share with you article about Why Is My 2 Week…

default-image-feature

How Much Should You Feed A 1 Month-Old Baby Some Tips and Advice about Bottle Feeding

You are searching about How Much Should You Feed A 1 Month-Old Baby, today we will share with you article about How Much Should You Feed A…

default-image-feature

How Much Baby Food Should A 6 Month Old Eat Fancy Rats Make Wonderful Pets!

You are searching about How Much Baby Food Should A 6 Month Old Eat, today we will share with you article about How Much Baby Food Should…