Do you think about retirement?
At 53 I am starting a new business. I am launching Feel Ageless and in an accelerator. For those of you who don’t know, an accelerator is like the show Shark Tank. It is a program for start up companies to learn and grow. More on that another time! Things are so different that when our parents were this age. They were still working, but many of them looking forward to a retirement by 65. I don’t know about you, but I have a 17 year old and a 16 year old with a whole lot of school ahead of them.
My husband and I would love to retire one day, but who knows when that will be. Also what if we live until we are 100? While that would be amazing, how are we going to have enough money for that? Will we have to work until we’re 80? Both my husband and I love what we do, but also don’t want to “have” to work at some point. If we still “want” to work, that is one thing, but having to work into our 80’s for example sounds miserable. I watched my Dad who had to work until literally he was too ill to work. I don’t want that. Who does?! This brings me to financial planning which I will discuss more in another blog.
I think the best thing to do is start talking about this now. Sit down and think about what you want, how much money you will need and try to make a plan and then tell me what you did to help everyone!
Do you think about retirement and if so, what are you doing about it?