goals Archives - Greenwald and Gerke Real Estate
By Ron Greenwald
On 24, Jan 2017 | In Blog | By Ron Greenwald
What bucket list items are still on hold until your retire? Have you revisited your dreams and hopes as you move towards the ladder years of a “working” career? Instead of sitting back to see what life brings, move the daily mind set into the proactive approach to create a lifestyle that includes all of your favorite hobbies and activities. Whether retired or approaching that day, today is a great opportunity to transform your thinking so that you can create a retirement lifestyle that brings rewards for yourself, those that you choose to have around you, and for the world at large. God knows we need more of that!
Fulfillment Means to You?
You have worked hard for many years. Now is the time to revisit, amend, create a new set of dreams. Don’t let yourself be fooled into thinking that your retirement lifestyle needs to be structured in a certain way. It doesn’t matter what your friends or family members choose… you can pick the lifestyle that will be best suited to match your needs.
Retirement is more than just having enough money to get by. These finances are designed to help you get the most out of life. Put yourself first to make sure you have the “what if’s” financially covered then think about starting a Foundation, donating time and treasure to a cause, or mentoring others. Put together your wish list to decide where you want to live, what you want to do, and how you should be spending your time. This life plan can help you be proactive to enjoy these years, instead of missing out on the opportunities that are available.
Planning a Home to Match Your Preferences
As you put together a life plan for your retirement years, you will be in a better position to choose a home to match your desired lifestyle. For example, if you want to spend time exploring the world, then it might make sense to “rightsize” to a smaller home or condo service with an HOA that cares for the yard. Or, if you want to spend more time with family, then you need to be sure that you are in a home where you can easily host your children and grandchildren.
At Greenwald &Gerke Realtors, we want to help you achieve your retirement dreams. Contact us for information about finding the right home to support the retirement lifestyle of your choice: (844) 782-9674
It is a dream for many people to retire early, but this choice is a big decision that shouldn’t be taken lightly. Are you ready to make the transition from the workplace to a relaxed retirement lifestyle? Here are a few signs that 2017 might be the year that you should step away from your career:
You Can Afford to Retire
Have you built a financial portfolio that provides a big enough budget to support the retirement lifestyle that you desire? You are 65 today. Will your financial portfolio be able to outlast 35 years of lifestyle choices, healthcare needs, charitable intent, and unforeseen family obligations?
You Are Ready to Stop Working
Do you find it hard to get out of bed in the morning, because you don’t want to face another day at the office? If you have built the financial war chest for retirement but you are still working because that’s what you are “supposed to do,” then it might be time to step away and enjoy retirement a little early.
You are Out of Debt
Debt payments can have a negative impact on your retirement checks. If you are loaded with a big mortgage or a lot of credit card debt, then you might consider the option to continue working so that you can pay off the debt before retirement. Lowering your expenses is an important step to ensure that you are ready to retire.
Your Passion Lies in …..Fill in the Blank
Given the above that you can afford to retire with in depth analysis of your cash flow projected out many more years then you anticipate, is it now time to 1: volunteer time to a charitable organization? 2: start a business? 3. Mentor students? 4. Spending time with family? If you answer yes to any of the above, then it may be time to consider retirement.
If you are considering retirement this year, then it is essential that you look at the way your mortgage is impacting your monthly cash flow. “Rightsizing” your home can be a great solution to get you positioned, so that you can leave your job. At Greenwald &Gerke Realtors, we specialize in services to support individuals who are preparing for these changes in life. Contact us to learn more about choosing the right living situation to match your personal preferences: (844) 782-9674