Preparing for Retirement

Many of the baby boomer generation are now preparing for retirement. This generation have seriously impacted society at every stage of their lives just through sheer numbers. This has resulted in dynamic worldwide changes in nearly all aspects of life. With a lifetime of great music and trendsetting behind them, these millions of baby boomers are now approaching or have reached traditional retirement age.

How are you preparing for retirement?

Have you made great plans only to find them knocked sideways by the global financial crisis or other unexpected problem? Will you spend the next exciting part of your life feeling fulfilled and in control of your life? Or are you just hoping that things will turn out okay?

Perhaps it’s time to stop guessing and hoping and instead make plans that give you control of your destiny.

Governments are unlikely to generously reward you for working hard all your life. When preparing for retirement the money you will have to live on becomes a concern, although this article from Money Magazine might surprise you!

When baby boomers have left the workforce we are likely to enjoy longevity.  Great for living, not so good for money requirements! The problem is there will be fewer people in the work force paying taxes so it is likely that governments will be struggling to help retirees in any way.

Some people will need, or choose, to carry on working as employees far longer than they expected to maintain their standard of living. Many older workers are now considering their options. Some will resent their need to continue working and this will affect their attitude to life.

But many are recognizing that this could be their opportunity to live life on their terms, to use their lifetime of skills and experience productively to enhance their future financial security and to create for themselves the lifestyle that they always dreamed of having.

This book is all about making choices to enhance your chosen lifestyle, the lifestyle that will give you the way of life that you want. It’s also about taking action in proven and reliable ways to give you financial freedom. It shows you the pitfalls and mistakes many people make in planning for their future. It introduces you to some simple but effective ways to improve your future financial freedom.

Preparing for retirement book called Rethinking Your Future

Rethinking Your Future

Rethinking Your Retirement is a step-by-step guide to help you help yourself. Request a copy today and learn how to take control of your own destiny.

Discover how to make your retirement lifestyle dreams, your lifestyle freedom, become a reality.

Did you already get your copy of our FREE Retirement Planning Guide called Create a Future You’ll Love?

Now is the time to plan for the next phase of your life. The better you plan the better the outcome, so you can spend your retirement doing what you love to do and living the retirement lifestyle that you want.

And if you need help, BoomersNextStep is here for retirement coaching. Contact us.

Jenni Proctor

Hi, I'm Jenni Proctor from Boomers Next Step. Remember when the formula for success in life was simply to strive for good marks at school, gain qualifications, get a great job, work hard and save for your retirement? Yes, I believed it too! For years my husband David and I wanted to develop a business that we could operate anywhere in the world, but both of us were educated to be employees.  We had entrepreneurial dreams and ideas, but still had employee mindsets. 14 years ago I took the giant leap!  I left my job in Education to start a business as a Career Counsellor and Coach, helping mature adults transition from one career path to another, and particularly from employment to entrepreneurship.  I had studied long and hard to gain new qualifications but sadly I hadn’t learnt how to market my new business. About 12 years ago we realized that we were not tracking well towards having the sort of retirement we wanted. We’d saved; we’d invested; and like so many other people we’d also lost some money along the way. It didn’t help that my business was not bringing in as much as I had been earning as an employee. Our dreams of extensive travel and helping our family were being replaced by a growing concern that we would outlive our savings. It seemed that a traditional retirement would not allow us to maintain the lifestyle we wanted. I love helping people plan the next phase of their lives, but we realized that was not going to be enough.  We needed a way to create an income stream that would pay for the travel and other lifestyle luxuries we wanted, that would provide mental stimulation, and would interest us both.

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