It all boils down to preventative maintenance in order to enjoy a long, healthy retirement. Being proactive about your health includes regular health screenings for cancer, high blood pressure and cholesterol. Your lifestyle such as diet, exercise and sleep habits also play a huge part in staying healthy.
For people at or approaching retirement age they have spent many years planning their financial future to insure they will have the funds needed to make it through their retirement years. Most people however, have forgot about retirement life planning for the future in terms of what they will do with themselves with no job to go to every day. There are only so many projects around the house that need done and after several months of backbreaking work in the yard, some joking think about going back to work so they can relax.
Here are some amusing images FWD’ed to me in my email InBox … Enjoy!
One of the best things that you can do for yourself in your lifetime is prepare and plan properly for retirement. You want to be able to do more than just live comfortably after you retire, you want to be able to maintain the same lifestyle that you did before, if not better, and this can only be done with proper and effective planning and management skills.
For those individuals who have no financial acumen at all, they may want to consider using retirement planning services to help them devise a plan for when they are no longer working. While it is your money, your savings and your retirement future, if you choose to use retirement planning services it may pay to follow their advice, since you are paying for their services. Some financial services companies offer this service free as long as your investments and savings are held by their companies others charge a flat fee for helping you put your financial life in order.
Many people find that as they get older, they get a few hours less sleep a night. Many attribute this phenomenon to the aging process. Unfortunately, sleeping is how our bodies rejuvenate themselves. Sleep is essential to your health but millions of older adults don’t get enough which can contribute to feelings of fatigue and drowsiness. In addition, lack of sleep can cause memory lapses and trouble with concentration. These two things could also be attributed to symptoms of Alzheimer’s disease. Also, add a lower immunity threshold as well as obesity and heart disease risks.
There may be several complicated calculations that need to be made to determine a person’s retirement income and expenses, but there is a simple retirement calculator that gives a good snapshot of whether a person can afford to retire when they reach a certain age. In its most simplified form, a simple retirement calculator looks at projected income and anticipated expenses to tell whether the potential retiree has enough money to cover all of their expenses.
Walking is one of the easiest forms of exercise for older adults, especially if you are venturing out for exercise for the first time in years. Walking can be low-impact and can also be kicked up a few notches once you limber up and build more stamina. The problem is that many seniors may not want to walk by themselves. If you are one of these, why not look for a walking group in your area? If there isn’t one, create your own. Chances are that there are quite a few people seeking lively company to keep walking fun.
Almost every retirement planning service offers a retirement income calculator that allows users to determine how much disposable income they will have available to them upon retirement as well as how much they can expect to leave for their heirs. Their level of discretionary income will depend on their income minus expenses, which can be used to either bolster their savings or use in a somewhat frivolous manner.
When it comes to retirement, everyone can use all the help that they can get and so finding a retirement and estate planning advisor is going to be a great benefit to you. Not only will a retirement and estate planning advisor be able to take a lot of the anxiety out of retirement but will also allow you to focus more on the task at hand.
You don’t have to suffer that “old timer’s” disease of a faulty memory. Just because you are getting older, that doesn’t mean that your brain goes to atrophy. Just assume that your brain is like any muscle. You have to work it out in order for it to maintain its elasticity. You do not run out of brain cells. In fact, there are areas of the brain that produce new cells all the time. As you age, your style of learning and recall may differ but that doesn’t mean losing your keys or forgetting your shopping list is an indicator of Alzheimer’s disease.
Retirement planning cannot be started too early. People who start their retirement planning a couple of years before they want to quit their jobs will probably find it an impossibility. They might be very disappointed and discouraged. Retirement planning can start when an individual gets their first paycheck at any age. People should look at the benefits that they receive from their employer to decide on all the options that are available to the employees. Some employers have retirement plans for all of the people on the payroll. Some of the benefits can make a significant difference to retirement planning and enjoyment so people should investigate their options with great care.
You plan to retire and you’ve saved up quite a nice bundle of money for when you finally do. But have you given a thought as to what kind of health you’re going to be in when that time comes? If you don’t take the proper precautions today, you’re not going to be able to enjoy your retirement years because you’ll be too busy being sick and feeble. Retirement health planning is just as important as retirement financial planning. You need to make sure you’re going to be in optimal health to be able to enjoy yourself when you finally do retire. You can do that by picking up an exercise program, eating healthily, as well as by quitting smoking, drinking and whatever else you engage in that may be damaging your health.
Estate planning retirement helps you to preserve your wealth for you and your heirs. Estate planning retirement will allow you to leave an inheritance to your loved ones that will let them know your exact wishes and gives them some kind of legacy to remember you by. Without estate planning retirement, you would not be able to do that and you may leave your loved ones with unpaid estate taxes, legal issues and other financial burdens. Creating an estate planning retirement will allow your loved ones to pay minimal taxes and prevent your assets from going to the government.
Saving for retirement is something everyone should think about. The time to save for retirement is right now, even if you don’t have a dime in savings. Pre retirement financial planning takes time and it takes a lot of dedication. If you don’t have a lot left over after paying bills, then you are going to have to figure a way to tailor down your spending so that you can actually put some money away. Look at your lifestyle. If pre retirement financial planning is important to you, you’re going to have to slow down on going out all the time, or eating out at restaurants, things that quickly eat up your paycheck. If most of your money goes to bills and you want to engage in pre retirement financial planning, why not look into getting a second job? Do whatever you have to do. You’ll feel great about it once you finally do retire and you have a nice nest egg in the bank that you worked so hard to accumulate.