Retirement! Most Americans get excited about the day they no longer have to go to work to earn an income. No more bosses, no more meetings to attend, no more schedules to keep, no more stress that even the best of jobs can create. Retirement can be the beginning of an entirely new lifestyle.
Before reaching this milestone, it is important to create a plan that will allow you to enjoy this new stage in your life. Appropriately planning on how you’ll spend your time and money will help you have a favorable chance of enjoying a happy retirement.
Thinking about retirement can be fun, but as we age it is vital to consider how we want our retirement years to progress. What will you do in retirement? Will you fulfill bucket list items, go on trips or spend time with family members? It can become very challenging when determining how those plans will coordinate with your income streams, recurring expenses, and unexpected circumstances.
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