Above: Huh? 30-something’s Retirement Plan?

The word “retirement” alongside 30-something, all in the same sentence just doesn’t seem right! (Raise eyebrows, please! Wince! Double ewww!!!!) Kinda like foods that don’t go well together (pizza with papaya toppings, anyone?)

Okay, so I’m exaggerating.

The trouble probably with the idea of 30-something people preparing for retirement is that most would not paint it as a very pretty picture. To retire is synonymous with deactivation, slowing down, withdrawing from life, inactivity, life’s final years of just knitting inside the house with your thirteen cats….grim, huh? But it doesn’t have to be that way! You could always think of luxury cruises, pristine beaches, romantic walks with your spouse of 40 years or calling the kids from your vacation home in the Alps…Impossible? Exaggerated? Definitely no!

Yes, the 3O-somethings does not and could not think about their own retirement as most are probably bombarded with overlapping issues and concerns, may it be that of raising a family, supporting other siblings or supporting elderly parents, but it is at this invaluable state that an accurate forecasting and active checking of the factors that might affect living out the retirement of your dreams, is required. Retirement will come and maybe sooner than you think, and there’s no other means to face it upfront than being financially capacitated.

Being in your 30s is a crucial period to test-run methods and tweak errors, and implement a truly objective and mature movement to maximizing income in preparation for retirement. Now, not at any other, is a good time to ask these queries and write answers down in the hopes it might help in assessing your financial status: Have I been faithful to setting aside savings at regular intervals of time? Have I been aggressive enough to invest? Am I even well-versed in the pension plans I have availed? Am I being overburdened with debt? Do I have insurance to fall back on? With the income I have now, will I still be able to buy a house/car? How’s my spending habits?…etc…etc…

Below: Money….

Putting a solid retirement plan in motion empowers. The more the 30-something would define his goals and see to their accomplishments the more confident he will be in facing retirement without the nerves. Though not all goals will be implemented all at once, the very least that a future retiree can do is to maintain a good balance of spending and saving, even in the most

niggling of ways.

Below: Make the retirement plan