Retirement Planning – Step 1

September 24th, 2012

One of the inevitable tasks of midlife is planning for retirement.   In 15-20 years, I’ll be retirement age.  Do I plan for it or let it happen?

Naturally I’m on Team Planning!

Preplanning is the dreams of retirement versus the reality of retirement.  What, where, and when are the 3 questions that lead to “how much.”  Because the best dreams of retirement depend on the bank balance at retirement.

What do I want to do? This one is most difficult for me.  A part of me is considering politics  because a bigger part of me wants to make this country better.  Then I want to open a breakfast/lunch cafe because I love cooking and love food.  Let’s not forget travel.  Do I want to live abroad?  Can I afford a small flat in the south of France?  Do I join the Peace Corps or work the National Park Service?

Where do I want to live?  Look for this in an upcoming post.

When do I want to retire?  Look for this in an upcoming post.

Have you thought these questions?  Have you started your retirement preplanning?

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