Real Life Retirement™ Services
Semi-retirement boosts retirement savings
- View retirement decisions as parts of a puzzle; keep looking for the right pieces that will work for you.
- Don't take debt into retirement; you'll need much less to retire if you're debt-free.
- Take part-time work, look for discounts—small things can add up.
- Joe retired at age 60, but then went back to work, giving his retirement fund more time to grow.
- Joe looks for any way to cut spending; a lot of small savings eventually add up.
Joe didn't want to wait too long to retire. With no debt and some financial changes, he didn't have to.
I retired from the Post Office in 2006 and the Air Force Reserves in 2007, but went back to work as a security agent at a hotel. I needed something to do. With the extra income, I was able to stop withdrawing from my retirement fund. My savings have gone up since then. I also believe you should be debt-free before you retire. You can live with much less if you do. I'll never reach $1 million in retirement savings, but I don't have to.
Piecing it all together.
I looked at our spending and found many places to cut. None of them are a lot, but small savings add up. I've also downsized my primary home and I'm carefully going into the stock market. I've learned that retirement is like a puzzle with several parts; each part is different for each person. You just have to find the right pieces and fit them all together.
Take the Next Step.
Let's talk about the retirement you want.
Call 877-673-7970 for your complimentary retirement consultation.
- Use our retirement calculator to see where you stand today.
We thank Joe for sharing what worked for him. His words have been edited. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Examples provided are for illustrative purposes only and not intended to be predictive of future results.
The types of financial transactions mentioned may not be suitable for everyone. Each investor needs to review a transaction for his or her own particular situation. Data contained here is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Examples provided,
including statistical simulations, are provided for illustrative purposes only and are not intended to imply future results you should expect to see. Past performance is no guarantee of future results.