Retirement
4th in a series of 5 posts |
Nobody knows for sure what lies ahead
MBE partnered with Genworth for this post
About Genworth
Genworth, headquartered in Richmond, VA, offers a range of services to client living in all 50 U.S. states. Among the products available are retirement income, life and long term care insurance and mortgage insurance. For more information visit Genworth.com and their Twitter and Facebook pages.
FTC Disclosure: Information for this post is sourced from Genworth Financial in partnership with the SheHeard Influencer Network, however all opinions are my own. See complete FTC Disclosure information that appears at the bottom of MommyBlogExpert's main page and at the bottom of every individual post on this blog, including this one.
Broaching the subject of retirement can be overwhelming and downright difficult because really no one wants to get old. I know that's how I feel now -- I'm a Baby Boomer and am now in my 50s and my oldest child just graduated from high school. I honestly don't want to have to think about all that old-age stuff.
The reality is, though, that none of us can stop the passage of time. So we may as well look for opportunities in our future and leverage them for the better by educating ourselves about what's most important right now.
The reality is, though, that none of us can stop the passage of time. So we may as well look for opportunities in our future and leverage them for the better by educating ourselves about what's most important right now.
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Me at my son's high school graduation
To start, there are some vital questions to go over with your financial advisor when it comes to discussing retirement readiness.
Speaking of retirement, if you're lucky enough to be taking that big step this year, definitely do your research online to find timely and practical advice in this article to help you decide whether or not to remain in the workforce in your lifelong profession or to start a "second career." As a reminder make sure you sign up for Medicare on time so you will receive the maximum benefits as soon as you're eligible.
- Does my current mix of portfolio asset holdings provide long-term growth potential as well as liquid cash that I can spend as I need it?
- Will my income at retirement keep up with inflation?
- What if I outlive my financial resources?
- How about if I'm struck with catastrophic illness that drains my bank account?
Speaking of retirement, if you're lucky enough to be taking that big step this year, definitely do your research online to find timely and practical advice in this article to help you decide whether or not to remain in the workforce in your lifelong profession or to start a "second career." As a reminder make sure you sign up for Medicare on time so you will receive the maximum benefits as soon as you're eligible.
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| I'll drink to that! MommyBlogExpert.com |
Seriously. The main point is whether you're set to retire this year or in twenty years, there's plenty that each of us can be doing now to get ready.
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Knowledge really is power. It's time to leverage it.
Genworth, headquartered in Richmond, VA, offers a range of services to client living in all 50 U.S. states. Among the products available are retirement income, life and long term care insurance and mortgage insurance. For more information visit Genworth.com and their Twitter and Facebook pages.
FTC Disclosure: Information for this post is sourced from Genworth Financial in partnership with the SheHeard Influencer Network, however all opinions are my own. See complete FTC Disclosure information that appears at the bottom of MommyBlogExpert's main page and at the bottom of every individual post on this blog, including this one.