The thought of lazing all day in the sun on a lounger with fresh cocktails decorated with colorful umbrellas being brought to you before your last sip is through is a dream we all strive to have one day when we reach our golden years.
But have you given any thought as to how you are going to make that dream a reality, how are you planning on comfortably living the rest of your life, out of the office, but not simply surviving but rather enjoying your final years?
You need to be proactive, don’t wait for someone to hand an opportunity on a silver platter when you believe you will be ready, that day may never come, and then suddenly you find yourself sitting at the table of your retirement party with a head full of thoughts on how to budget each day for the next few decades.
No thank you. This is not stress I would wish on anyone, too often we assume it will just automatically work out, and in some cases it does, but do you want to take that risk?
The time is now
Retirement, in general, is an achievement, to show that you have worked hard and earned the right to put your feet up, companies and individuals celebrate in different ways and each to their own. If you are planning a party for a staff member and not sure what is or isn’t acceptable in the workplace, then see here https://www.mindtools.com/pages/article/celebrating-achievement.htm for some foundational inspiration to get those creative juices flowing.
There is something for everyone, no matter their age or preference, it is simply about understanding their likes or dislikes and putting them into festive action.
If you are not of retirement age yet but have been considering your options for when the time does come then it is safe to say that you are already headed in the right direction. Thinking about the future is essential in this day and age and you need to do your research into investments and savings that suit your budget but also your lifestyle to know that you will be covered.
To invest or put under your mattress
I am old school when it comes to savings, I like to see piggybanks crammed full with coins, a bank account that doesn’t show a negative balance, and a purse that has cash notes in every color. And while the old tale of keeping your money under your mattress does seem quaint, not only would it not be comfortable but it is not secure. All it takes is one person to get wind of where your cash is ‘hidden’ and a burglary ensues.
Your best option back in the day would be advised as property or assets, but times are changing and evolving and so is the investment portfolio platform. These days the way forward is putting your money into precious metals and stones (find out more in-depth about them in this link), and the ever-increasing world of cryptocurrency.
Crypto for those of you who are new to the world of trading, buying, or selling essentially online in a virtual world with virtual currency, is a more secure way to manage your finances. While there are many variants out there like with most products, it can be daunting knowing which is best, who to invest with, and how to go about the process. You need to speak to a reputable and reliable business and banking Investment Company that will give you peace of mind when it comes to your financial stability and investment possibilities.
Is one company better than the other, in some cases, yes, but this is usually determined by the services they offer and the quality of customer care they provide which will become part of their reputation – because we all know people like to have a moan if they have the chance or vice versa, great service will not go unrecognized?
Knowing what you intend to invest for is the first step, it may be for your children’s schooling, a trip around the world for your golden anniversary, or a comfortable retirement safety net for when the time comes, either way, look for a trusted business to get into a partnership with.
If you have narrowed it down to a handful of options begin to look at the finer details of each and compare them according to your needs. What services do they offer, are their fees reasonable and within the average range for what they propose, you want them to work your benefit so keep this in mind?
Take a look at companies such as Regal Assets Bitcoin IRA where professional advice and guidance could be just the answer you’ve been looking for to those lingering and concerning questions you have been holding onto. It can be overwhelming with all the legal and technical jargon involved so make sure you are heard when asking your questions.
A final thought
Keeping up with the Jones’ may be relevant when talking about fashion or buying the latest mobile phone but we need to be more careful when it comes to our finances and the future, ensure that you feel confident in putting your money in the trust of an institution and have done your homework.
The one piece of advice I was told by my parents no matter the situation or predicament I found myself in was to ‘take it one step and one day at a time,’ and deal with it the best way you know-how. If cryptocurrency is what you are looking to invest in then pause for a minute and look here https://www.coindesk.com/buying-your-first-crypto-things-you-should-know for a quick guide on the fundamentals you should know before jumping in with both feet.
Knowledge is power and it doesn’t hurt to know more than the next guy, this way you have all your options ready to do with as you please. If a little reading means the difference between a profit and a loss then grab a cup of tea and make yourself comfortable.