These days, planning for retirement isn’t just a luxury. It’s a necessity.
Retirement has become too complex to just pick a day and stop showing up to work. And it’s more than complex—retirement is also expensive. You have to factor in expenses, taxes, and other spending. There are many ways to pay for it, but which ways are the best ways? How much do you need to save, how should you invest?
Many pre-retirees don’t know the answers to these questions. As a result, there are several common mistakes they tend to make. Each mistake on its own can severely affect your retirement lifestyle.
I’m sure you’ve heard that saying many times before. Most people, when they hear it, nod their heads and think, “Good advice.” But when it comes to their money, are they taking it? Do they have a plan for their finances, or are they, in fact, planning to fail?
When it comes to your money—and your retirement especially—failing to plan really is planning to fail.
There are many people who never take the time to dream. They never create their bucket list; never ponder their deepest, sweetest desires. It’s quite possible to spend too much time worrying about how to retire and not enough on why you’re retiring, or what you want to do in retirement.
When it comes to retirement, here’s the first thing we at Dechtman Wealth Management always tell our clients: “If you want to work for the rest of your life, that’s your business. If you don’t, that’s ours.”
When it comes to retirement, here’s the second thing we always tell our clients: “If you can dream it, we can help you do it.”
To get started on your retirement plan today, contact our office at 303-741-9772, or click here to schedule your complimentary consultation.