Are You OK To Deal With Painful Reality of Retirement Before It Hits You? Or Take The Step Today?

Are You OK To Deal With Painful Reality of Retirement Before It Hits You? Or Take The Step Today?

You might want to consider and imagine this question below.

When should you start your?“set & forget?investment strategy?

Do you think it is a bad idea to plan for retirement today?

Now?

When you can still do something or to painfully realize how important planning is when its already too late?

Nobody can tell exactly what the future will be and so it is imperative to really start planning now, so that you can be prepared to face these problems as they happen along the way. It is a fact that each new day has more problems than yesterday. Facing future problems head on may not be as easy, but one thing we can be sure is that a good retirement plan can make a big difference and allow you to successfully counter these problems that come your way later on. And you should look at this not only on a financial point of view but overall in its totality on the grand scheme of things.

Your Future Health Starts Today

The whole idea of retirement planning is to have enough finances to spend and still protect your family, leave a legacy for your family that you will be remembered from and having a good health to spend and enjoy with family and friends. Imagine yourself so happy spending your time with your grand kids and family in your retirement years. Be vigilant today and start a healthy habit, healthy eating and healthy daily routine, this will give you a good chance of staying healthy during those years ahead. Can you imagine the pain that you are?– when you are on a wheelchair and unable to play with your grand kids only because you did not look after your health today?

Financial Problems To Handle?

Now imagine and think ahead of time,?when you have grandchildren and great-grandchildren, You are the family elder that everyone looks up to and rely on as the leader and problem solver when there is any trouble. And being short on finances means you lessen your capacity to be creative and flexible in these situations.

This is the reason why you need to have a good retirement plan. You need to save a decent amount so that you have sufficient money for yourself and others in the family when the situation calls for it. The sad and unfortunate reality and very common – is that in every family there is always one or a few members who face some financial difficulty. In today’s time most people have accumulated credit card debt and no one seems to have enough money to pursue further education or go to college. Getting a good job is very challenging and it is even harder trying to work your way up to a well-paying job.

Do you have any idea what you are going to do if anyone in your family is facing this financial dilemma? Will you just watch your family silently suffering sleepless nights along with the pain and agony of their situation? Imagine yourself now and think of the respect and admiration you will command if you are able to provide financial help during this difficult times. You can do all of this and more with a good retirement plan. Instead of looking elsewhere for help you are providing them with the financial lifeline that they need to stay afloat.

Selling Your Assets?

Can you imagine and feel the pain that you will feel when you realize that you are unable to leave a financial legacy for your family, if you did not plan today and you do not have good retirement plan in place.?If there is a pressing need later – you may have to liquidate and sell your assets and sell off your real estate to meet your unexpected expenses during your later years. Do you think this is fair to your grandchildren and loved ones?

Uncertain Government Support?

It is a fact that people are living longer because of the advances in medicine and people are becoming conscious of getting into healthy habits. And also it is a fact that populations of developed countries are aging fast, government social security and pension plans are becoming increasingly uncertain. That is because there will be less working-age contributors compared to old age beneficiaries in the future. Because of the aging crisis, the government may be forced to take tough decisions like drastically reducing social security benefits or even increasing the contribution amounts now. Recent polls done indicate that many Millennials have accepted the fact that social security will be finished when they retire.

Conclusion

You can take a pro-active approach and take matters into your own hands and act today. Or Let things stay the way they are, it is all up to you.

You can win this if you have a good starter plan today, you know that your greatest asset is time, call your Advisor to help you create your own unique plan for your own situation now.

Is it a bad idea to call or meet with your Advisor?

You now have all the financial information and you know what you want – your Advisor can assist you how to start and set up your investment like a “set & forget” strategy and begin to see your money working hard for you – not the other way around.

Erwin Pascual - Advisor

4.0K+ Followers * I Help New Canadians In Ontario Learn To Form Finance Habits To Start To Build Wealth & Keep More Of Your Money With Income You Wouldn't Outlive

3 年

would love to meet with you for a?quick 15 minute virtual coffee chat ? https;//meetwitherwin.com

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Erwin Pascual - Advisor

4.0K+ Followers * I Help New Canadians In Ontario Learn To Form Finance Habits To Start To Build Wealth & Keep More Of Your Money With Income You Wouldn't Outlive

3 年

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