One of the biggest eye-openers is living in the sandwich generation. You may be struggling with in-home care issues with one or both of your parents. You may be raising a family. And along the way, put away a little something for your own retirement.
I found an interesting site today filled with information on planning for your retirement, Financing Retirement. It covers a full spectrum of topics – things that most people don’t start considering until it’s too late.
If you’ve been taking care of your parents or other loved ones for a while now, you know the heartache that can come when you can no longer achieve some of the items on your list of to-dos. It’s So, it’s crucial to plan as far out into the future as possible.
And as we’re learning from many of today’s large companies declaring bankruptcy or just shutting down, it’s essential to not put all of your finances in one place.
Start your savings process as early as possible. Don’t rely on one company or government-sponsored retirement plan. But, on the other hand, don’t assume investment strategies are too confusing – you can learn something new that will greatly benefit you.
If we can learn one thing by being the sandwich generation, it’s preparing for the future and enjoying it while we can.