For all of you who are in the middle of the pack counting on the retirement plan designed for you by your employer, the government, or someone else the news isn’t good. I’ve attached a link below to a recent article in the NY Post about your retirement future and it’s not good news.
I’ve had a couple of months where life has been a real emotional strain. While that has been happening I also came upon a few “pearls of wisdom” and this all came together for me the other day when the emotional strain lifted for the better. My oldest son’s wife brought my first granddaughter into this world. Then I found out one of my oldest and dearest friends had cancer and needed surgery. Then my youngest son’s wife brought my second granddaughter into this world and she needed to spend 12 days in NICU!
In the October 15th, 2013 edition of the Los Angeles Times there was a story titled “Most expect to work during retirement.” That sure doesn’t sound like retirement. Webster defines retirement as: “Withdrawal from occupation or from active working life.” This story says that according to a survey by the Associated Press-NORC Center for Public Affairs Research 82% of those 50 and older expect to work in some form during retirement. The story says that “workers are facing a dim financial prospect for what used to be the golden years.” It’s our opinion at Buckingham Inv
I am hesitant to talk about how long I have been in the real estate investment business because it makes me seem a lot older than I feel! How about this? Gas was about 20 cents a gallon and investment property in Southern California was selling for an average price of $18 per square foot!
If you have read any of my other blogs you will remember that I talk a lot about goals for your retirement or investment plan. I believe that most if not all successful plans start with goals that move you personally and create the motivation to tackle all the other “stuff” that life throws at you.