Wednesday, May 12, 2010

What are your thoughts about retirement

After the stock-market debacle,the challenge of retirement seem hit uncomfortably close to home. Time to re-think about your retirement plan and check your assumption again. So how do you realize your retirement goals?

What are your thoughts about retirement ?

* Do I want to retire?
* How do I want to spend my time in retirement?
* How will I handle not having to go to work?
* How much will I miss the social contacts and friends at work?
* Will my friends also be retired?
* How much income will I need in retirement?
* Am I psychologically ready to retire?
* Should I consider semi-retirement or a second career?
* What impact will my retirement have on my family?
* What if I don't retire and instead keep on working like I am now?
* Will I have to get a part-time job to make ends meet?

Let take a look at some of the quotes on retirement :

1) A time to do what you want to do, when you want to do it, where you want to do it, and, how you want to do it."
Catherine Pulsifer

2) Is the beginning and not the end.

3) Retirement is when the living is easy and the payments are hard.

4) Retirement: World’s longest coffee break.

5) The challenge of retirement is how to spend time without spending money.

6) Retirement is not at what age but at what income level.

7) Retirement is wonderful if you have two essentials - much to live on and much to live for.

Share your views on how you would plan your retirement. We welcome your comments here.