Many new retirees are disastrously prepared for retirement and a 2019 study by the Economic Policy Institute showed that most Americans aged fifty-six to sixty-one had just $21,000 in their retirement accounts - that's all they had saved in 30 years! And definitely not enough to live on for what could potentially be 20 or 30 years. The study also showed that thirty-two- to thirty-seven-year-olds had, on average, just $1,000 in their retirement funds.
But this doesn't have to be you!
Do you want to have better retirement funds in place than most Americans? Starting early can give you a great head start but even if you're in your forties or fifties, there are still things that you can do now to ensure that you have enough money to enjoy the retirement you deserve!
And you don't need to push yourself to breaking point to get there. We spend most of our adult lives working to be able to enjoy our retirement but forgetting that life was meant to be enjoyed in the here and now. But what if I told you that you didn't have to live that way? What if I said you could work smarter rather than harder, retire early if you want to, travel the world, and make all of your dreams for the future a reality?
It's not too late to start making the right choices to make your dreams come true.
This '
Smart Retirement Planning'
guide will help you navigate through the important decisions to
prepare for your best retirement. You will have the detailed knowledge and understanding to make smart retirement decisions. In the book, you'll learn:
· The key features of retirement and how to demolish some of the myths;
· The mistakes people make and how to avoid them;
· How to determine if you are financially prepared for retirement by quantifying your financial goals;
· How to plan and budget for your retirement and prioritize your financial goals;
· About the different types of retirement funds and the key considerations;
· How to make smart investments in property, bonds, plus much more;
· How to make your income work for you by creating passive income streams;
· Prepare for the non-financial aspects of retirement, including the need to find purpose and passion, to understand if there is a role for work in retirement, to enhance relationships and social connections, and to maintain an active and healthy lifestyle.