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Thanks to fellow S&S reader, Jess, for today’s post. Here’s the easy way to plan for retirement!

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Don’t Learn About Retirement The Hard Way – Read This Post Instead

Retirement may be a long way down the road. But in honesty, that doesn’t really matter because it’s never too soon to think about your golden years.

That right there, my friends, is the lesson to take from this post.

Unfortunately, retirement can catch people by surprise. It’s as if some retirees thought it was never going to happen, and they would stay young forever. Let’s face it – the idea of living hand to mouth in old age is terrifying.

So, that’s why this article has put together a few pointers. Come and check them out – you’ll like what you see.

Carry On Baking Bread

For those who aren’t hip-hop aficionados, this is a euphemism for making money.

Yes, you’re happily retired, but that doesn’t mean you should stop working. Okay, it’s a bit of a contradiction, but there is a method the madness.

From a health and well-being perspective, work keeps you young and stops the body from aging too quickly. As important is the fact that money coming in will replenish the retirement fund.

So, work part-time or talk to Bill Hurst about making a claim or be an entrepreneur on the side. Whatever you choose, know that being flexible is fantastic.

Splash The Cash

The biggest mistake retirees make is that they worry about the future.

Because money isn’t as readily available as before, everything is set to a budget. This is a savvy move as no one should live beyond their means, but don’t do it for wrong reasons. Everyone wants to leave something behind for their family but it shouldn’t prevent you from living life.

Go on a cruise, book a vacation, buy a new car, and do all the things that make you happy. It’s your retirement and the kids are adults now.

But Don’t Invest

US News advertises excellent investment opportunities for retirees. Well, the best tip you’ll ever hear is to avoid them altogether.

This sounds like an ageist statement based on the stereotype that old people can’t understand the market. But it’s got nothing to do with that! It’s actually all about the ticking clock.

Often, people who retire and invest don’t get to bear the fruits of their labor. And by the time the family makes a decision regarding the investments, their values may have plummeted.

Unless there’s a short-term option on the table, investing after retirement isn’t wise.

Chill, Man

The little things soon add up, but you’ve spent too many years worrying. Now is the time to enjoy your golden years in relative peace.

Sure, it won’t be smooth sailing from now until the end, but it shouldn’t be as stressful. Is there money in the fund? Are you living within the budget? Good, then there is nothing to stress about. Try and let the small things wash over you to avoid pent-up frustration. Go on; you deserve it.

What have you learned about retirement after reading this post?