How long will you live in retirement?
Written on the 6 October 2011 by James Cagney
You urgently need to re-think the financial model your grandparents and parents followed because it simply does not work in the economic and social climate we live in today!
Well you might have been looking forward to your golden years in retirement but the government will not have the money to sustain you. So what are you doing right now to make sure you have enough money in retirement?
Do not put this problem aside and think: “Well, it’s too far off - I will think about it later.” Do you remember your 21st birthday? Do you remember your wedding day? Calculate how long ago that was - you blinked and the years were gone in the blink of an eye. You only have to blink and before you know it, you will be celebrating your 80th birthday. The elderly will be the first to tell you that the older you get, the faster time flies by. Best take their advice before it’s too late.
Author: James Cagney