Retirement: Are you financially ready for it?
January 18, 2009
The probing question “Are you ready to retire?” is more perplexing today in the light of our financial plight. There is uncertainty about the place we call retirement. As I write I have a “happy face” coffee cup staring at me; one that has been diverted to a container of pencils, markers and pens. I wish we could don a happy face as we ponder our retirement and a secure financial future. Instead, for many our dreams for that better future had taken on a sad face.
It’s hard to maintain a happy face about our future when our personal finances and monetary worth for retirement are steadily declining, when our retirement plans are going bankrupt. In our communities, cities and states are raiding their rainy day funds to prevent raising taxes. International governments and their citizens are also in financial straits. Presently, places from our own Clarksville, to Mexico City, to Heidleberg, London, Asian cities are all experiencing financial world. Such unfortunate events precipitate the “sad face” facing retirees. [Read more]
