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How to Avoid The Biggest Mistakes When Planning Retirement

February 16, 2012 | Comments: 0 | Views: 93

You can avoid the biggest mistakes when planning retirement by taking advantage of a person that has been retired for 18 years, I am currently 66, and I have chronicled the mistakes that I have made and I have noticed other retirees making.

I am not referring to the financial aspects of retirement planning I am referring to more of the practical aspects... You can get all the financial advice you need from your financial planner... That is not what these mistakes are about.

To give you a preview of what I am talking about::

Do not think retirement is the absence of working... If you retire to nothing you will be putting your health, your relationships, and the length of your retirement in jeopardy You will learn that both spouses or partners should make separate retirement dream lists and then compare them to come up with a compromise You will learn that it is foolish to make your retirement decisions solely based upon money, there is so much more that goes into a successful retirement... This is a mistake a lot of people make You will learn to examine lower cost lifestyles... Some you may not have ever imagined in your wildest dreams... We have enjoyed fun, frugal, and safe lifestyles that you might find surprising

Why should you listen to me?

When I first retired in 1994, most of my friends, coworkers, family, and most of all my financial planner.... told me that I was nuts to be retiring so early... At the time I was 49 and doing very well in the commercial real estate business. As I write this, most of those same friends, coworkers, family and yes my financial planner, are still working.

After being retired for a few weeks I was kicking myself for not retiring sooner... We were having that much fun... and you can too!

I started my retirement by exchanging my custom-made suits... For a swimsuit, T-shirt, and flip-flops...the only person this made sad was my tailor... I can count on two hands the number of times that I have worn a tie since then.

Retirement planning is not as difficult as some would have you believe. My mantra when I retired..." Was the worst that can happen to me is that I might someday have to return to work".

Avoid making retirement mistakes by taking a little time to plan... It is easy and can save you tens of thousands of dollars. Make any retirement mistake can be very costly... It doesn't have to happen to you.

Avoid retirement mistakes.

Gary Pierce is the webmaster of http://www.frugal-retirement-living.com he retired early at 49, he is still retired at 66. He has experienced some of the retirement realities that baby boomers are facing.He can show you how to make lemonade from the lemons the baby boomer generation has been dealt.

It is 2012 and many are wondering if they can ever retire...you can still retire. Don't give up until you check out this website.

Source: EzineArticles
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Avoid Biggest Mistakes

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