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You have seen the commercials: people carrying their nest eggs, or their money board, indicating the hypothetical dollar amount required for retirement. Seeing these advertisements may have prompted some introspection on your part. You may be thinking:

When can I retire?

Less hopeful, you may be thinking:

Can I retire?

So, what happens if you haven’t saved enough for retirement? Are you fated for an eternity of living with your kids – having them take care of you? Is it now too late to save? Are you doomed?

Saving for Retirement

Saving money means living on budget. However, most of us don’t like living on a budget because

    • it feels restrictive
    • it feels like the spontaneity is taken from our lives
    • we think that all the fun things in life cost money

When in actuality, many of the most enjoyable things in life are free! Having this mindset can drastically help increase your savings – and therefore increase your odds of a successful retirement. Who knows, you may find yourself enjoying the simpler pleasures of life while spending less money!

You Can Retire!

No one can argue that playing the retirement catch up game can be difficult. However, the longer you wait, the more difficult it becomes to make up for lost time. Fortunately, it’s all about the choices we make in our lives – in how we spend money. You can take charge of your retirement planning now to begin:

    • altering your spending patterns
    • establishing better money habits

You may even find that it becomes fun to save money. With thoughtful planning and a few adjustments, you can retire.

Learn more about our Retirement Planning services.

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