When you think about your retirement, you surely have in mind projects and dreams that pack you: go on a trip, indulge in your favorite hobbies or just enjoy life ... Your projects may not be quite definite but the thought of a retirement comfortable, coupled with peace of mind, surely delights you. Determine your retirement goals If we take into account that retirement now lasts almost as for a long time that the active life, sometimes even up to 30 years, that deserves that we linger a little. Several questions therefore deserve reflection to properly plan your retirement dream. For example : • At what age do you plan to retire? • How do you plan to spend your time in retirement? • What are your financial expectations for your retirement? • What will be the required amount o
One in two thinks it will take at least $1 million to make a comfortable retirement. But the vast majority of workers are light years away from achieving this goal. What's wrong? Big dreams, small cushions: the vast majority of people (76%) have amassed less than a quarter of the savings they think they need for retirement. This proportion is also up 2% from the average of the last three years. (more…)
When preparing for retirement, one wonders what is the worst mistake: not having a plan, not following the one that has been established, or developing a plan on false premises. The result will probably be the same but, in the first two cases, it will be less surprising for the saver. In other words, when you start planning your retirement without having a good idea of what you will do and what it will cost, you will be exposed to bad surprises. (more…)
It's beautiful to dream of a golden retirement and to enjoy life after a long period of work. Many people want to realize in this new phase of their lives a lot of projects for which they did not have the time during their working life. But too often all beautiful projects fail for lack of financial means. This is why one has to realize that the amount of his legal pension will be much lower than the salary. For the private sector, the legal rent varies between 60% and 70% of the last salary. Faced with the demands of modern life, however, it is hard to settle for less at the time of retirement. The equilibrium of pension plans is regularly questioned and the near future is hardly any more reassuring. Uncertainties in terms of demographic change, the deterioration of the labor market...