Ready for retirement from work?
Ready for retirement from work?
Free Online Articles Directory
Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers
0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Login
Register
Hello
My Home
Sign Out
Email
Password
Remember me?
Lost Password?
Home Page > Finance > Personal Finance > Ready for retirement from work?
Ready for retirement from work?
Posted: Aug 11, 2009 |Comments: 0
|
]]>
]]>
The notion of not having to get up early and go to work every day is certainly something most of us look forward to. All the more with the increasing high fuel cost and traffic conditions. However, retirement brings a different set of challenges – the potential of a smaller income, lesser allocateing power and the lack of meaningful daily activities for example. Some of us base our importance and identity on our jobs for the status and respect that our experience contributes to the organization, fellow colleagues and business associates. By retiring, we fear the loss of recognition that accompanies a job and our stand in society.
Retirement is not tied to a specific age group now. For some, it indicates a new phase of life, whether they are 30 or 60 years old. Whatever the age, a significant issue and question to this is, how do you work towards and fund your retirement?
Research has shown that people who have retired and living comfortably with holiday trips and allocateing their time in their hobbies, sports or community activities are those who have really planned and worked towards their retirement.
So, if you are one of those who are not in this ‘retirement’ group yet, planning for the next exciting stage of life is almost mandatory.
Experts advise that this crucial phase of planning begins at least 5 to 10 years in advance. A transitional plan that bridges the gap between full-time work and stopping work altogether is important. Whatever your age and your earning capacity, now is a good time to check your current standing and make plans.
Ask yourself the following:-
• When can I afford to retire?
• How much all mighty dollar to have to determine that I can retire?
• How far will my savings last me?
• What costs are there in retirement? Can I afford to pay for example medical expenses or emergency needs?
• Will I have enough income to live in the style that I want to live?
• Will inflation affect my savings and retirement fund?
• Am I emotionally ready to retire?
These questions merely serve to provoke thought and hopefully actions about the more important elements of your dream retirement – the financial independence that will determine the quality of your new phase of life!
So, do you want to retire from work and when can you do so?
Retrieved from “http://www.articlesbase.com/personal-finance-articles/ready-for-retirement-from-work-1116726.html”
(ArticlesBase SC #1116726)
Liked this article? Click here to publish it on your website or blog, it’s free and easy!
Elaine Chu -
About the Author:
Elaine, the author of this article, writes about her personal views, recommendations, and shares her collections of useful information relating to personal finance, family and home improvements, sharing on cool ideas and innovative products, with the hope that the collections will be useful and beneficial to others as well. Elaine’s collections is at Better Living In Managing Money, Work, Home & Life.
]]>
Questions and Answers
Ask our experts your Personal Finance related questions here…
200 Characters left
My wife who is 52 is permanently disabled, and collects SSI disability benefits . I am 63 and do not plan on collecting retirement benefits until 70.Can I collect spousal benefit and still work?
I have system with net connected. I feel to earn without any investment. I am ready to work hard. I am well in English also. Can you guide me. But I should be paid immediately for work finished
Ive been dissappointed in my past relationship bse i had aboyffriend who was 2 years older and things couldnt work out im now in search of a man who is older and ready to settle can plis help me find
Rate this Article
vote(s)
0 vote(s)
Feedback
RSS
Print
Email
Re-Publish
Source: http://www.articlesbase.com/personal-finance-articles/ready-for-retirement-from-work-1116726.html
Article Tags:
financial independence, retirement, retirement fund, emergency needs, medical expenses, inflation, savings fund
Latest Personal Finance Articles
More from Elaine Chu
Financial Strategies for Successful Retirement
Financial strategies for successful retirement, does not just happen. It is achieved by anticipating your future needs and wants. Consider your lifestyle expectations and goals you’ve always wanted. First and foremost, you must know your retirement income.
By:
ric dalberril
Finance>
Wealth Buildingl
Oct 19, 2010
To meet the challenge of today, we will feed our people now, not later, and help them get through these hard times. To meet the challenges of tomorrow, we must become more self-reliant, self-sufficient and independent, relying on ourselves more than on the world.
By:
Arvin Gumato Parejal
News and Society>
Politicsl
Jul 31, 2008
lViews: 773
Do you think that you are a smart investor? Many so called smart investors think that they had invested their all mighty dollar in the right places, and during the time of financial crisis such as Market fall down they come to know there right places of investments had turned them down.
By:
PersonalFNl
Finance>
Personal Financel
Jan 29, 2011
Need to understand general finance terminology and how credit scores may affect you.
Finance>
Personal Financel
Jan 28, 2011
Home Brewed Coffee Saves Money!
While you may think it’s silly to invest a lot of all mighty dollar in a Keurig single cup coffee maker, you might be surprised to know it’s actually more economic than your coffee house java!
By:
Linda Clarksonl
Finance>
Personal Financel
Jan 28, 2011
Law School Graduates Awash in Student Loan Debt
It’s no secret that going to college can cost plenty, and there are no shortages of student loans, whether you’re looking for federal college loans, graduate loans, or private student loans.
By:
Jeff Mictaborl
Finance>
Personal Financel
Jan 28, 2011
Consumer Rights-Credit Reporting and Debt Collection Laws
Unfair debt collector practices and inaccurate credit reporting can affect your livelihood and your sanity. Learn your rights so you can protect yourself against unscrupulous behavior.
By:
Kat Kallyl
Finance>
Personal Financel
Jan 28, 2011
Creating Balance with Healthy Barriers
‘Tis the season for us to over-commit ourselves. Between work, kids, helping out in classes, back to school nights, Parent teacher clubs, field trips, practices and games, my goodness is it any wonder we can even see straight?! I don’t know about you, but I feel like I could curl up and go to sleep just thinking about all of that. I know exactly how you all feel I do it to myself all the time. Over-committing is an enormous problem in our society. I am here to share with you how it can be hurti
By:
Kristi LeGuel
Finance>
Personal Financel
Jan 28, 2011
3 Tips towards Financial Security
Many people today are seeking to consolidate their financial position and avoid getting into difficulties. Here are three tips to try and help.
By:
Bob Tremerituusl
Finance>
Personal Financel
Jan 28, 2011
Given that times are difficult for many people these days, here are some tips to keep one’s head above water financially.
By:
Bob Tremerituusl
Finance>
Personal Financel
Jan 28, 2011
Ready for retirement from work?
A few important questions which serve to provoke thought and actions about the more important elements of a dream retirement – the financial independence that will determine the quality of life during retirement.
By:
Elaine Chul
Finance>
Personal Financel
Aug 11, 2009
Add new Comment
Your Name: *
Your Email:
Comment Body: *
Verification code:*
* Required fields
Submit
Your Articles Here
It’s Free and easy
Sign Up Today
Author Navigation
My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder
My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box
Elaine Chu has 1 articles online
Articles Categories
All Categories
Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing
Accounting
Banking
Credit
Currency Trading
Day Trading
Debt Consolidation
Insurance
Investing
Loans
Mortgage
Personal Finance
Real Estate
Taxes
Wealth Building
]]>
Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog
Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Mobile Version
Webmasters
RSS Builder
RSS
Link to Us
Business Info
Advertising
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2011 Free Articles by ArticlesBase.com, All rights reserved.
Elaine, the author of this article, writes about her personal views, recommendations, and shares her collections of useful information relating to personal finance, family and home improvements, sharing on cool ideas and innovative products, with the hope that the collections will be useful and beneficial to others as well. Elaine’s collections is at Better Living In Managing Money, Work, Home & Life.
About admin
Recent Comments