Many people believe that if they have worked for a solid company with a 401k plan, they are pretty well set when they reach retirement age.
A retirement planning financial advisor is the one you need in times like these, and don’t think the small cost of seeing a qualified individual is too great to support taking this step. It is worth it because that knowledgeable retirement planning advice in London can point you in directions for savings and investments that you’d never have known about otherwise.
That 401k plus their Social Security savings should be enough, right? Unfortunately, most of these individuals find out the really hard way that they aren’t ready for complete retirement after all – their years of work just got longer than they were anticipating because those two investment tools don’t produce as much as is needed to stay above the poverty line.
While that is really too bad, and there are talking heads on TV in the financial world sadly shaking their heads at the naivete of those individuals, they shouldn’t have been so wrong, things shouldn’t be as out of wack as they are from a retirement financial perspective.
However, here we are – with those at 63 or 65 or 72 still struggling to make ends meet while drawing what retirement benefits they have available.
There should be a better way to ensure that retirement means just that – an ability to enjoy later years of your life without hitting the alarm clock every morning. And there is a better way – even if you are one of those retirement age individuals who thought you had enough.