Retirement: What does it mean to you?
Retirement, it's a word that means different things to different people. Most of us dream of the day when we can remove ourselves from the daily grind. You might long for sunny beaches and endless relaxation, or a cozy cabin by a mountain stream, or maybe just relaxing at home doing nothing in particular. Being able to spend more time enjoying life with friends and family, or pursuing some artistic or educational goal which was put on hold years ago might appeal to you.
Your thoughts of retirement are very personal dreams that deserve to come true. You should view retirement as a phase of your life when you'll be able to do more of what you love to do, and less of the things you don't like so much. A worry free time, kind of like getting to be a kid again.
Lately those dreams seem to be becoming more elusive. Economic downturns, fiscal crises, unemployment, downsizing, inflation, mortgage failures, foreclosures, and all the other words we hear on the nightly news seem to be pushing that retirement vision further and further away, becoming more a dream and less an eventual reality. Why? Because the harsh reality is that those retirement dreams need to be fed by a larger and larger retirement nest egg.
What can you do to bring the dream back and ensure that it becomes a reality for you? How can you safeguard your retirement savings, and not see your dreams lost in some future recession or market crash?
Risk Vs. Return the two "Rs" of Retirement Planning
If you are under the age of 60, you may have never heard of basic education being comprised of the three "Rs" . They were "readin' ritin' and 'rithmatic". All you needed to learn at the one room schoolhouse. The basics of retirement planning strategies can be reduced to only two "Rs", risk and return.
When it comes to your retirement accounts, risk must be minimized. You simply cannot afford to lose any of this money, and you don't have to. Your money can grow at a safe steady pace, take advantage of market gains but not be affected by market losses, and will be there when you need it to provide you with an income you can't outlive.
So, to put it simply, "HOW SAFE IS IT?" is the most important question to ask. "HOW MUCH IS THE RETURN?" becomes less important. That's not to say that you're not looking for the best possible return, you are, but at minimal risk.
Don't just invest in your retirement, ensure it. Let us show you how. Call for a free no obligation consultation today, and capture those dreams.