Life's Big Moments and Your Retirement Plans
Life doesn't always go as planned, and that's okay. Big life events can shake up your retirement plans in a big way. These events can be happy, sad, or just unexpected. They can change when you retire and how you live after you stop working.
Major Life Events
Some events have a huge impact:
- Losing a spouse
- Getting a serious health diagnosis
- Selling a business
It's not just about the money. It's also about how you feel and what you want to do next.
Smaller Changes
Other events have a smaller impact:
- Moving to a new state
- Starting a new hobby
These events can still affect your retirement plans, but they might not be as life-changing.
Milestones
Then there are the milestones:
- Turning 55
- Turning 62
- Turning 65
These ages come with new rules and opportunities. It's important to know what they are and how they can help you.
Being Prepared
Retirement planning isn't about predicting the future. It's about being ready for whatever comes your way. The more you prepare, the more confident you'll feel about your future.
