Tuesday 30 January 2024

Myths of Retirement - Shubhangi Kashyap

Retirement myths include the beliefs that: Expenses will decrease, tax concerns will vanish, and every day will feel like a vacation. Work will cease entirely, and Social Security and Medicare will fully cover all financial needs. Retirement means the end of work: It is true that retirement signifies the end of active employment, but productivity remains non-energetic, and there is a gradual decline in health.

It's crucial for individuals to plan for retirement based on their specific circumstances, considering factors like financial goals, health, and personal preferences. Consulting with a financial advisor and staying informed about retirement options can help dispel myths and create a more realistic and satisfying retirement experience.

Shubhangi Kashyap
Sunbeam Hostel Lahartara

No comments:

Post a Comment

Reflections Since 2021