Long-Term Planning Leads To Fruition Of Goals

If you want to retire someday it is important to understand the fact that retirement is not a pot of gold that is lying in wait at the end of the rainbow. You have to take the appropriate steps to make your retirement dreams a reality.

While it is true that people who have paid into it sufficiently can expect to receive Social Security when they become eligible as the laws stand today, there are no guarantees about the viability of the program in the future. In addition, right now the average monthly Social Security payout is $1082. You’re not going to be playing much golf or doing much traveling if you have to try to live on this kind of money, or even twice as much for that matter.

Retirement is just a word that means you have decided to stop working. The vast majority of people work because they need the money, plain and simple. It may seem like overstating the obvious, but if you’re going to be able to retire you must have the financial resources to pay your way without working. The reason why we are pointing this out is because far too many people simply don’t recognize this obvious fact. They apparently feel as though Social Security will be enough, but when you examine the facts you find that this is simply not the case.

Most people are going to have to develop a long-term plan and accumulate resources over a number of years to be able to retire in comfort. This is within the reach of a high percentage of Americans, but you have to proceed intelligently.

Everyone has their own area of expertise and most people would not consider themselves to be financial experts. With this in mind, if you want to map out a plan for the future, the wise course of action is to arrange for a consultation with an experienced retirement planning attorney. He or she will examine the specifics of your finances, listen as you explain your objectives, and put you on a path that leads to the fruition of your retirement goals.

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Anthony Moccia

Anthony Moccia is an attorney and partner at The Law Offices of Kobrick & Moccia.His practice focuses on estate planning and elder law.He is a member of the New York State and Nassau County Bar Associations.He frequently presents free seminars on wills & living trusts to area residents and his seminars are said to be “informative, entertaining & easy to understand.”

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