Getting emotionally and financially prepared for retirement can be a difficult task. This article discusses some of the ways people can plan ahead for the life adjustments they will need to make when entering retirement. It is important to create a list of goals and to try and stick to them. People should make a budget and try to live on it as a way of getting prepared for the possible reduction in income that will come about because of retirement. Getting plenty of exercise is also important for health and longevity. This article also recommends traveling while the client is still young because the longer a person waits the more expensive traveling will become.
See Rosie Wolf Williams, 5 things you should do before you retire, Market Watch, August 21, 2015.
Special thanks to Jim Hillhouse for bringing this article to my attention.
