Life After Work:
“Life After Work” requires retirement income planning and really is all about creating a good life for yourself after you leave your primary job. It doesn’t mean you won’t necessarily work. In fact, many boomers are planning to continue working in some capacity after they leave their main job. But hopefully the work you do in retirement won’t feel like work. Work is the thing you’re getting away from. Life is what you are moving toward.
Now – like anything else you buy or invest in – you need to figure out how to fund your life after work. You need a budget and a plan. For many of us, we are talking 30 years here where you are responsible for your own paycheck. Given the length of time we're looking at, you need to have a retirement income plan.
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