Retirement Planning, the Time to Start is Now!

From Social Security, to 401K’s, and even pension plans there are a lot of options out there for retirement income. The amount of options and how to make sense of it all can be very overwhelming.

But the best time to start thinking about and planning your retirement is now, when you are still young. Did yo know that:

  • 46% of Americans have less than $10,000 saved for retirement. (Employment Benefit Research Institute)
  • 40% of baby boomers now plan to work until they die. (AARP)
  • 36% of Americans say they don’t contribute anything at all to their savings. [CNBC]
  • 87% of adults say they are not confident about having money for a comfortable retirement. (
  • Expected retirement age is up to 67 from age 63. (Zero Hedge)


I don’t know about you but I don’t want to have to work until I die and I don’t want to spend the next 15+ years of my life wondering if I have enough for retirement.

Of course my situation is a bit different in that we are a one income family. And as long as we home school I don’t see me going back to work full time in the near future. So for better or worse, all of our retirement planning is through my husband.


And even though our ideas of retirement may look very different, we are both on the same page with exactly what is needed and how best to meet those goals.

A reporter was interviewing a 104 year-old woman:
“And what do you think is the best thing about being 104?” the reporter asked.
She simply replied, “No peer pressure.”

Truth be told, no matter where we end up in our ideal retirement, I just want to be able to use the above line at some point in my life.

Are you planning for your retirement?


About Rachel

Rachel Akers writes about crafts, recipes, and features the adventures of a family of 4. It is always crazy but I wouldn't change it for the world! Comments or questions? Talk to me on Facebook or Twitter or sign up for our RSS feed to have future articles delivered to your feed reader.