Ready to Retire? by JAY PERRY

Many retirees express the wish that they’d kept on working instead of retiring when they did. This bit of news comes from a recent study conducted by Louis Harris & Associates in which more than seven million retirees nationwide said that they should not have retired merely because they reached retirement age. This regret was more than twice as likely to be expressed by those who had not completely prepared for their retirements. More than one-fifth of the retirees surveyed said that they should have kept working. Why? “The Need for Money” (cited by 23%) was only second to “my retirement was unexpected” (40%) as the leading reason expressed for the regret. This all goes to show that financial readiness better determines retirement age than age alone.

Financial security doesn’t happen by accident. Regardless of your age, it’s important to formulate a financial plan that can sustain you in the event of an unexpected job loss or an early retirement. At KRAMER & KRAMER ESTATE PLANNING we can help you determine what level of income you need to live comfortably in your retirement years. We offer guidance on Trusts, Annuities, Indexed Annuities, Mutual Funds, and Long-Term Care. We can also review your current Trust for FREE. Call me at 623-544-2201 to arrange for a free consultation. We do informative FREE seminars every month, so call for seminar times and dates.