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I just retired. Now what?
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I just retired. Now what?
<font face="arial, helvetica, sans-serif" size="1"><div>About to become a grandparent? Wondering what is next after the death of a spouse? Transitions in life can be tougher than we sometimes expect. Meet others who may be going through the same thing as you and may be able to offer wise advice.</div><div><br /></div></font>
I retired early at age 59 1/2, and unfortunately hadn't researched where to put my retirement savings. I like the g uaranteed income of annunities but there are so many! Any advise... anyone?
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Cat:edeb10e3-fb61-498e-99ea-390824fc4299Forum:5cfb1d08-0e43-4dac-b21e-392834ecb22aDiscussion:db3c868a-ac48-4bf8-befd-1b6cb892bd8c
Forums » Personal Growth » Transitions » I just retired. Now what?
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I just retired. Now what?
posted at July 25, 2011 12:27 PM EDT
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Posts: 2
First: July 25, 2011 Last: July 25, 2011 |
I retired early at age 59 1/2, and unfortunately hadn't researched where to put my retirement savings. I like the guaranteed income of annunities but there are so many! Any advise... anyone? |
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Re: I just retired. Now what?
posted at November 24, 2011 1:49 PM EST
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Posts: 1
First: November 24, 2011 Last: November 24, 2011 |
Just a few thoughts about your retirement savings. You are younger than most retirees and your money will need to last a bit longer. Annuities tie your money up and what seems like a decent income now will not be too attractive in 25 or 30 years. You need to have a hedge against inflation and some liquidity should you have a sudden emergency. There a many different annuities, so check them out carefully as many have high fees. I would suggest keeping money in a balanced mutual fund. Historically, these have held value over the long run. As far as things to do, you will figure this out as you go. Keeping busy is a good idea. There are lots of volunteer opportunities and travel is always nice. Look into your community centers, many of these have activites that may interest you. Our community center has a fitness center and if you are not keeping fit, this is a good idea and you can meet new friends as well. |
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Re: I just retired. Now what?
posted at December 3, 2011 1:42 AM EST
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Posts: 1
First: December 3, 2011 Last: December 3, 2011 |
I recently retired, my mother passed away, and my fiance (22 years together) and I split up all within a period of 6 months. Talk about transitions! Right now taking one day at a time but sometimes it doesn't work and these things weigh heavy. Any ideas on coping....I'm wondering what now? |
Forums » Personal Growth » Transitions » I just retired. Now what?
