3 Keys to the Perfect Retirement

Retirement is a golden age for many people. The ability to sit back and enjoy the fruits of a productive life full of labor is something that we all deserve. Yet, all too often, younger people fail to realize the importance of saving for retirement when it counts the most, only to find themselves needing to work long into these years that should be marked by relaxation and comfort.

Finding ways to plan for the perfect retirement doesn’t have to be hard or particularly time-consuming. The main feature of a great retirement plan is simply time. This guide will help you plan out your retirement needs with years to spare so that you can maintain quality peace of mind throughout your working years and enjoy all the best benefits of these many great years of relaxation. Read on to discover the three most important aspects of retirement planning.

1. Time is your best friend (or worst enemy).

Even though the “Fight Club” mantra might lead one to believe that time is always against you, the reality couldn’t be farther from the truth regarding financial planning. The sooner you begin to save for retirement, the better off you will be; there’s nothing complicated or hidden about this fact, even though time offers a rare opportunity for huge growth.

Many state employee retirement planning options push this information hard on their clients for this reason. State pensions and other savings schemes set up by governments and private businesses incentivize early investment strategies to provide their employees a better quality of life over the long term. Money invested in retirement or the stock market account typically doubles once every seven years if it’s well-managed. This means that a retirement account started on your first day of part-time work in high school will likely double seven times.

Contrasted with an account created after you graduate from college and start your career, this could add up to a million or more dollars in additional investment profits. This becomes even more dramatic over multiple seven-year periods. If you wait until you are a mid-career professional in your 30s or 40s to begin seriously thinking about retirement, the best saving years of your life have already passed by virtue of their distance from the year that you hope to start drawing on these funds. Regardless of your strategy as a buyer and investor (real estate, stocks through a broker, or bullion as a direct access commodity), start early to ensure the best return and lowest required contributions throughout your planning.

2. Plan for where you want to live.

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In addition to the financial elements of retirement, it’s important to identify where you want to spend this time. Perusing log homes for sale is a great way to take in all the opportunities in rural and intensely peaceful locales that feature hiking trails, seclusion, surrounding mountains, and massive acreage in many instances. Log homes offer a unique peace of mind that many people desperately want to bring into their daily existence in their later years. Likewise, a cabin with ample bedroom space, unique floor plans, great room and porch options, and great kitchen amenities that include a wet bar or wood stove can provide a unique second home that you can use for seasonal retreats throughout the year.

3. Think about your hobbies and lean into them.

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Finally, once you’ve considered the funding and location aspects of retirement, it’s a good idea to remember the kinds of things you like doing. Living and experiencing life in a community that shares your interests can provide a potent lifestyle that really benefits your health and happiness. Those who love scuba diving, gardening, or playing musical instruments will benefit from the addition of these hobbies and entertainment options as a staple within the home and community.

Consider these three key features of a high-quality retirement to make the most of your future.

3 Keys to the Perfect Retirement
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