Are You Going to Retire Rich or Poor or Comfortable?
There are over 75 million baby boomers planning to retire within the next 20 years. In 2007 the first baby boomers to sign up for social security started receiving their checks. Those people are fortunate.
By the time the later baby boomers start retiring social security might be a thing of the past, so we need to plan ahead financially so we will not become a burden to our children or end up living in poverty.
Do Any of These Describe You?
See where you fall in retirement preparedness
- Do you have a 401k or Keough account?
- Is your home paid for?
- Are you living on a budget?
- Do you pay off all your credit cards each month?
How did you do on that little quiz?
Answer 'yes' to all four? Fantastic! Answered 'yes' to One? You can Turn Things Around
If you answered 'yes' to all the 4 questions up above, you are in great shape.If you answered 'no' to any of them, those are the things you need to focus on fixing before you retire.
The sooner you pay off your credit card debt, have a retirement account that is growing each month, and have learned to live on a budget, the more financially secure you will be during your retirement years.
Retirement can be a great time of spending time with grandkids, traveling, fishing, and reading the books you always wanted to read but never had the time for.
Baby boomers, get prepared for retirement now. Not next week, not next month, and not even tomorrow. Do something today that will make your retirement better.
Great Stuff on Amazon to Help You Prepare for Retirement
Travel Photos
Wouldn't it be great to be able to afford to travel when you retire?
I love beautiful sunsets. Imagine traveling to places that have these beautiful sunsets every day.
Reader Feedback
What else could I add to this Squidoo lens?
This is just a beginning. I plan on adding more to this lens and would like your input.
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Reply
- Zackfaire Zackfaire Sep 18, 2008 @ 1:52 am
- wow nice lens. i'd love to see more information posted here. way to go.
http://www.siakoi.com/society/home-and-family/three-international-cities-to-retire-to.html
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Reply
- emailcash emailcash Oct 31, 2007 @ 11:13 am
- This is a good start - add some more info!
Like your lens.
Lewis
Baby Boomers Get Fit
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