In a shaky economy, many are rethinking their retirement plans. Are you thinking that the solution to an economic downturn is to postpone your retirement for another five, ten, or even fifteen years? Think again.
The assumption that you need to totally postpone your plans is based on a faulty premise that retirement is primarily “financially based.” If you had enough money, you could have a successful retirement but, without all of the money you had originally planned for, there is no way that you can retire. This belief is not only faulty, but it ignores the fact that more and more people want to continue working after they retire and not just because of economic reasons. Boomers are setting a new precedent by making work, on their own terms, a part of their retirement portfolio.