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Welcome to Roots of Wealth. A financial blog focusing on life, planning, and interesting information worthy of sharing with you.
Roots of Wealth is proudly managed by Crimmins Wealth Management Located in Ramsey, NJ.
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The Magical World of Retirement

June 14, 2012 by Maureen Crimmins Leave a Comment

 

Planning for retirement

I can say that all of these choices make for an exhilarating and sometimes exhausting vacation which lasts well past the 6 days of vacation time.  The payoff is well worth all of the hard and overwhelming decisions that were made.  The vacation always ends with fond memories captured in photos and precious family time which are priceless. 

In some ways, retirement reminds me of a trip to Disney.  The planning that needs to be made for retirement is sometimes overwhelming and exhausting, but decisions that are made in advance will make for a successful journey.  Where are you planning on living, how much money will be needed, what amount needs to be saved to ensure that you will enjoy your retirement, and when would you like to retire?  There are many more decisions that need to be addressed, but if you plan it out ahead of time, the payoff is priceless. 

After the last school break, I ran into a friend who told me she had the worst family vacation at Disneyworld! (Of course, I was rendered speechless.)  She stated that she couldn’t get into any restaurants she wanted, the lines were too long on their preferred rides and the Magical Parade wasn’t occurring on the day they attended the Magic Kingdom. “But, didn’t you plan ahead,” I responded.  She had thought she would figure it out when she got there.  Of course her trip was unsuccessful.   Disney World (and Retirement) needs advance planning.  And when done correctly, it can be the most magical place on earth!

                                                                                  

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The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN

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