Retiring Without Regrets

Looking back on life, we hope to have minimal regrets, but consistently people are dissatisfied with their lack of preparation for retirement. Currently, those approaching retirement are worried that they cannot retire when they want or that they will run out of money in retirement.

Listening to those who would have done retirement different, we can learn from their hiccups on the road to building our own retirement. Get finances in order sooner and, consequently, start saving earlier. This will allow you to retire closer to the age you want. Also, financial planners can really help with your retirement planning, so it is beneficial to get their expertise. They can help you plan appropriately for your surviving spouse and consider any tax implications upon withdrawals from retirement accounts.

See Rodney Brooks, How to Retire Without Regrets, Washington Post, July 30, 2016.

Special thanks to Lewis Saret (Attorney, Washington, D.C.) for bringing this article to my attention.