3.5Have You Visualized What Your Retirement Would Look Like If You Maintained Your Current Position For 20 More Years?!
Many people think retirement is a topic reserved only for the elderly. How more wrong could they be? In fact, retirement should be one of the key decision-making factors to be considered before even undertaking your university studies.
So many people get caught in everyday life routines, that they fail to look beyond the horizons, into their very own retirement era. This negligence comes with a heavy price ==> getting to retirement without any preparedness, and an escalated depression rate, leading to a quick death.
See, retirement should be the best period of our lives, but is almost never the case, why? We don’t prepare for it.
Can you imagine some people planning to retire, and ”look for another job during retirement” just to pay the bills??? Whoever told you that your health conditions would permit you to work, or your strength would still be available?? At retirement, you would be old, weak and tired. All you would have to do is use your generous savings, take care of your self, and travel the world!!
If your current job would not allow you to accumulate enough wealth for your retirement period, RED FLAG #5.
Don’t deny this fact. Retirement is inevitable. This should be the most important reason to push you to leave a job immediately!!
Seriously take the timeout, and imagine how you would want to spend your retirement. Come back to your current reality, and examine your earnings and savings now, then determine for yourself whether your current job could help you achieve that retirement lifestyle.
You must have in mind that your retirement is a resting period, so be very ambitious when it comes to setting financial expectations. There is no guarantee your health will be great. A lot of diseases come at old age, and you want to have enough finances at that time just in case.
If your current job is not anywhere near giving you the comfort you would need during retirement, start making plans to quit as soon as possible.
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