Sometimes you see a couple who did not earn an extraordinarily huge annual income living comfortably during retirement.
On the other hand, you may know someone who is over the age of 70 who is still working. This person has always had a great job, but the money just isn’t there and he or she has to keep on showing up at work every day.
We all want to make as much money as possible, and the more you make the more opportunities you have with regard to saving for the future. But at the same time, you can make bad choices as someone who makes a hefty paycheck and make good choices even if you make less.
The key is to work within a carefully constructed plan and subsequently exercise the discipline that it takes to stick to the plan over a long period of time.
Time is your friend if you get started early. If you start working with a good retirement planning attorney when you are just getting started on your career path and you project the numbers outward you can see how you are in a unique position to feather your nest for your senior years.
All it takes is some sustained focus with your eye fixed firmly on the prize that lies in wait when your retirement date arrives.
If you want to make the most of your senior years right now would be a good time to sit down and discuss a cogent long-term financial plan with a Cleveland retirement planning attorney.