http://www.nbpjobs.org Your Job & Career Tips and More Sun, 20 Dec 2009 23:57:53 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://www.nbpjobs.org/2009/03/retirement-tips/ http://www.nbpjobs.org/2009/03/retirement-tips/#comments Mon, 30 Mar 2009 20:51:52 +0000 admin http://www.nbpjobs.org/?p=47 A few things that you should consider as you set your retirement goals and plans:

1. Set realistic goals – try to project or predict your retirement expenses based on your actual needs, not general rules of thumb. Thus, you should try to be as honest as possible about how you will want to live in retirement, and how much it will actually cost. Then, you’ll need to calculate how much you must save in order to supplement your pension and other sources of retirement income.
2. Allocate your assets carefully – look carefully at how you invest in instruments such as stocks and bonds; they will have a huge impact on your long-term returns.
3. Consider working part-time during retirement – yes retirement is a time to take it slow and easy, but you should seriously consider doing even a few hours of part-time work per week. It will help to keep your mind and your bank account active.
4. Consider relocation – look carefully at options that will lead to lower living / daily expenses, without the loss of desired lifestyle.

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