One of the biggest eye openers is living in the sandwich generation. You may be struggling with in-home care issues with one or both of your parents. You may be raising a family. And along the way put away a little something for your own retirement.
I found an interesting site today that’s filled with information on planning for your retirement, Financing Retirement. It covers a full spectrum of topics – things that most people don’t start considering until its too late.
If you’ve been taking care of your parents or other loved one for awhile now, you know the heartache that can come when you can no longer achieve some of the items on your list of to-do’s. It’s important to plan as far out into the future as possible.
And as we’re learning from many of today’s large companies that are declaring bankruptcy or just shutting down, it’s important to not put all of your finances in one place.
Start your savings process as early as possible. Don’t rely on one company or government sponsored retirement plan. Don’t assume investment strategies are too confusing – you can learn something new that will greatly benefit you. [Learn more at Financing Retirement.]
If we can learn one thing by being the sandwich generation, it’s preparing for the future, and enjoying it while we can.