Читать книгу Finances After 55 - Sylvia Lim - Страница 3

Whether you’re retiring solo or as part of a couple, planning is the key to a successful retirement, and it’s never too late to start your planning. You may be 16 years away from retirement, or only 6 years, or maybe even already 6 months into your post-working life, and yet it’s still possible for you to benefit from a plan.

The best candidate for the job of creating your plan is you, as you have your own best interests at heart. And, after all, you have the rest of your life to look after, and no one will take better care of your retirement finances than you will — provided you know what you’re doing.

This chapter examines the reasons for creating a retirement plan, including our increasing longevity and our need for financial independence. It also examines our common fears of retirement and old age that can keep us from planning and discusses how to successfully overcome them, and concludes with an examination of the three phases of retirement: active, semi-active, and passive — and how each may be approached successfully.