It's never to early to start preparing for retirement. The sooner you start, the easier it is to save and prepare and be ready for any storm that may arise. Those who never start to prepare for retirement and are relying only on Social Security may be spending their Golden Years at the Golden Arches.
Some people are thinking of living abroad to stretch their retirement dollar. Although it may seem like a good idea at the time, there are things to consider. Common sense should tell you to do your homework before moving abroad. Language, culture change since you have to conform to local customs, crime, family and friends support, and the list goes on.
Saving for retirement should be a lifelong goal, but it is never too late to start. In case you can't see it, when it comes to retirement it's all about having enough money. Unfortunately, people aren't saving enough for retirement.
Saving for retirement is a must in so many ways. The longer you live, the less buying power your SSI or employer's retirement power will have. In today's ever changing world you can't rely on these means to be there. Many may be kings when they retire but become paupers over the years.
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