EMOTIONAL AND ECONOMIC IMPACT OF RETIRING
After working for many years, either one or several jobs, and building a career, even the thought of retiring can be scary. It is not easy to step away from a stable environment or working, into the unknown of Retiring. This is why pre-planning is vital before you retire.
Consider the emotional, as well as the economic impact retiring, will have on your life. Secure as much information as possible in order to make informed decisions about many facets of your life in retirement.
Health, monetary, familial, and other important factors need to be considered. Many retirees find themselves in financial straits; many have some type of health problem, and there are family issues to consider. Make decisions for retiring as they will affect YOUR LIFE first, then you can consider others in your family. YOU have to be stable in order to help yourself or anyone else.