What is your dream retirement? When retirement day arrives will you be ready? More importantly, will your nest egg sustain the retirement of your dreams? If the answer is “no,” “maybe” or “I don’t know,” then consider making changes in your finances now to secure your ideal retirement.
I define “dream retirement” as a future where you can do what you want and experience freedom from working. Most commonly, people living the dream retirement made it by sacrificing “wants” earlier in life; they committed to a plan and followed it. They stayed focused on the goal and didn’t let distractions sidetrack them. They most likely lived on a budget, systematically saved for the future and worked hard to get out of debt and stay out of debt.
What can you do now to prepare for your retirement? Here are some steps to take:
The good news is that it is never too late or too early to get serious about retirement planning. It doesn’t happen by accident. It takes intentional action, and only you can take that next step.
Julia Carlson is a Registered Principal with, and securities and advisory services are offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC.
Information in this column is for general purposes only and not intended as investment, tax or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.
Email me your questions at [email protected] or call 541-574-6464. You can also post your question on our Facebook page: https://www.facebook.com/FinancialFreedomWealthManagementGroup.