I cant retire

More and more people, are saying, "I cant retire" by relying on the advice of financial planners and other "experts" who do not have their clients best interest at heart.

I saw this program last night on the NBC nightly news...click here to view...be patient it takes a while to load and you have to endure a commercial before getting to the clip.

It makes me angry, when people listen to "professionals" who advise potential retirees that they have only two options...work longer and save more...there is a third option, spend less.

I can only imagine the sneer that these professionals would give if they suggested their clients spend less...

I cant retire... Oh yes you can

To me it is a very simple choice, spend less and retire with what you have... Or continue to work to reach that magic number... I loathe that commercial.

Never will you hear, of course you realize that working longer will give you less time to enjoy retirement... No one ever mentions that you are getting older each day...

Think about it, if you want to retire and play golf... What good does it do you to work longer, make more money...and retire at an age where you can barely get around the course?

Low cost retirement options

Elsewhere on site, I describe in detail some of the various lifestyles that we've employed to enjoy retirement for the last 17 years. I don't look at any of these lifestyles as sacrifice... If I was penniless tomorrow no one could remove the wonderful experiences I've had in the last 17 years. They include:

• Retire to a sailboat
• Retire to an RV
• Retire overseas
• Park model living
• Downsizing

Do you really think that any of these lifestyles would be suggested by the "professionals" in the above news clip?? I seriously doubt that they are aware that many people are enjoying retirement using these lifestyles.

What these lifestyles might mean to the "financial planning professional"

Let's take a look at the above lifestyles through their eyes:

• Sailboat...megayacht, 100 foot, crew of six
• RV...Prevost, new, costing $1.5 million
• Live overseas... 6000 foot villa in Cannes
• Park model... They think they're trailer parks
• Downsize...layoff three servants

I would also say, "I cant retire" if the above were the options... But they're not the only options... Spending less beats working longer every single day.

What I would advise folks that say I cant retire

I realize that living on a sailboat is not for everyone... Especially those that have waited too long to retire. Although we met many couples in their 70s while we were sailboat cruising.

If this lady in the news clip, would move to southern Florida, live in a low cost Park model community, she could take low-cost cruises (no airfare, flexible last-minute cruises), what is wrong with that lifestyle?... When life gives you lemons look for ways to make lemonade.

For those that need to earn in retirement

If you feel that you still going to need some extra money to be able to retire... The time to act is now...If you want to do real estate for example...the licensing procedure takes time and effort... Get a license while you're still working.

For those that would like to earn online, and do what I do get started now, go through the were learning curve while you're still employed.

Conclusion

The above news clip, makes me sad. We get caught up in everyday life so much we seldom think about the future...retirement, a fun comfortable retirement, should should be within everyone's reach. It requires a proactive approach to where and how will retire... Don't wait another day to start planning your retirement... Then you will never have to say ..."I cant retire".

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