Are you Ready for Retirement? Advice from Warren Buffett

Published: Wed, 05/23/18

Are you Ready for Retirement? Advice from Warren Buffett

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Mike has worked for the federal government since he graduated from college. He estimates that he will retire in ten years, and he wants to make sure he is prepared when he does. His wife, Lily, is a consultant, who does not have benefits through her job. Lily wants to ensure that she is prepared, as well, and financially ready to retire with her husband or to survive financially should something happen to him. Mike and Lily are smart to be thinking about and planning for retirement now.

Whether you are in your 30s, 40s, 50s, or 60s, everyone needs to take steps to plan if they want to retire someday. Of course, the younger we are when we start, the better prepared we will be to retire when the time comes. No matter what your age, there are things we need to think about and actions we need to take in the years before we stop working. How can we make sure we are financially prepared when the time comes?

Tips for Retirement Planning

The following are some tips to help you get ready for retirement:

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