Retirement Setbacks By Jane Bennett Clark

1242 Words Jul 19th, 2015 5 Pages
Retirement Setbacks

Retirement is one phase of life that is of grieve concern for everyone. For some, it heralds a time to forget the hustle and bustle of a nine to five job commitment and to bask in the delight of the golden age. Unfortunately, the reality of living doesn 't always agrees with the carefree intentions of joy and splendor. For many of us, there is a lot to consider when transitioning into retirement. This is where decisions become more calculated and is executed consciously in order to be at peace during retirement.

The Kiplinger 's Personal Finance, published an article entitled " Retirement Setbacks", on July 1, 2013, with a subtitle tag line that reads, " when life takes a toll, here 's how to brighten your prospects". This article is written by Jane Bennett Clark, and outlines some of the challenges that can hamper a prospectus retiree. In this article two scenarios are presented, one in which everything is perfect and retirement is a seamless transition but in the second scenario , the road to retirement has obstacles and unavoidable challenges such as too little savings, job lost, health, education and death. The focus relied heavily on the second scenario since it is the more likely of the two to affect this generation. The articles stated that people between the ages of 50 to 70 experienced at least one obstruction as they plan for retirement, which makes it difficult to stay on track.

The article outlines the importance of saving enough to…
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