Many individuals will avoid the topic of retirement. When people think about retirement planning, they automatically assume the conversation will focus on the end of their life, so they disregard it. But we disagree with that and believe retirement planning is about focusing on how to best enjoy your life. To begin the retirement planning process there are certain conversations and issues you want to approach to ensure you are secure financially. One of the biggest hurdles to get over is openly discussing retirement with your partner. I believe one of the biggest reasons people avoid the conversation is because they don’t know where to start. Once you are past that the process and plan will start to come together. The next pitfall many people come to is finances. They don’t look at their own income and expenses on an annual basis to determine how much they can save every year. By establishing where you stand financially and getting a deep understanding of your money you can avoid this pitfall. Many people who plan for retirement don’t know what their financial advisor strategies are when it comes to investments. Take the time to ask questions so you know the rate of return and your portfolio. Lastly, check on your plan as much as you can. The more you know the better off you are. Your ability to keep up to date when your income and expenses change is crucial when you retire. Plan early and start saving early. Give yourself time to grow as well as your finances.

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