happy-retirement

"You're used to multitasking. Whatever you did, you were making money at the same time. Now you will be able to focus on one important thing, keeping your money."

Retirement Planning for happy retirement

No one wants to depend on a social security check when they retire - and yet so many are left with that income as the only option. No matter how old you are or how much you've saved, you need to start retirement planning now to ensure comfortable retirement years.

source:buzzle

To get your retirement dreams on track, think about what you want retirement to look like. 

Do you picture yourself on a beach in the Bahamas - on a cruise ship in the Mediterranean - or traveling around the USA in an RV? You may have ten years until retirement - or five years - whatever the scenario, you can make your money work for you to reach the desired goals.

Suze Orman shares how to plan for retirement today

6 must consider tips for planning retiring early

1. Calculate how much money you'll need when you retire. This part of retirement planning depends solely on how you want to live during the golden years.

2. If you have a 401K plan with your employer, figure that in to your retirement planning portfolio. Contributions made to 401K plans are pre-tax and that's the big advantage. Invest the maximum dollar amount you can to get the best "match" from your employer. There are some drawbacks though, so be sure you know the terms of your plan.

3. Some people plan their retirement by investing in a traditional IRA. With this method, you have complete control over retirement planning - but there may be limits on the contributions you can make.

4. In this economy, many people use their retirement plans as a bank account to draw money whenever they need it - or cash it out when they lose a job or need money for something.  If at all possible, leave your retirement account alone to let it grow.

5. Diversify, diversify, diversify. Every retirement plan should be spread out so that all your investments aren't in one basket. If we learned anything from the recent setbacks in the economy, it's to never put all your money in one place.

6. If you worked for a business that closed its doors (or went bankrupt), your pension may still be secure. Do your research to find out if you have a pension you can rely on during retirement.

The recent downturn in the economy made many people afraid to invest - leaving their current monies nearly dormant in CDs or savings accounts and making very little interest.

 If you're not sure where to put your money so that it can grow for you, consult a retirement planning expert and then make decisions on what you learn - and what's best for you.

Here is a study on happy retirement : Early retirees may live longer

Retirement Wishes & Quotes: Is a close friend or co-worker retiring from the office? Whatever role you play in this person's life, these retirement wishes will be befitting to include in a greeting card.
Read more at Buzzle: http://www.buzzle.com/articles/retirement-wishes.html