Retirement planning is crucial. And it is never too soon to start.
No matter what your age or stage in life is, if you haven’t already done so, you should be putting together a projected retirement plan – especially if you’re getting close to or already in retirement. It’s important to understand what you can expect from both your income and your projected future expenses in order to be assured that you’ll be able to retire comfortably. Whether you’re making Aliyah during retirement, just before retirement, or even early on in your working career, your retirement plan is of crucial importance. It will provide you with critical information about what you can expect in retirement and give you the opportunity to be proactive — before it’s too late.
Read Baruch Labinsky’s Tips for Proper Retirement Planning which were featured in an article in Mishpacha magazine, and appears here with their permission. Read the full article here.