February 21, 2013
Subject: Retirement Readiness NOW Tip
Taking the Mystery Out of Retirement Planning
Many American workers find retirement planning a mystery. In this booklet developed by the Department of Labor, each chapter will give you clues on how to take control of your finances so that when you retire, you have the time and money to do what you've always wanted. For some, it's simply being with friends and family. For others, it's starting a new hobby or craft. And for some it's starting a new life.
Retirement Readiness NOW is not just about saving money and not just something you do just before retiring. Money is very important, but that’s not all. There’s a lot more to planning for your future than putting aside income out of each paycheck for retirement.
What else is there? Happiness, both today and in your future years, is based on your total well-being. So, when planning for your future, you also need to consider your total retirement well-being that encompasses the following:
Networking - What are you doing today that will allow you to be engaged, challenged and fulfilled in retirement?
Overall Health - What are you doing to stay healthy so that you can enjoy your retirement years?
Wealth - How well are you managing your income and investing for your future so that you will be able to support your desired lifestyle in retirement?