To be perfectly fair it can take some time for the typical individual to mature and see the big picture from a financial perspective. But in the end, excuses really aren’t going to pay your bills.
The truth of the matter is that most Americans who stick to a consistent career path have a comfortable retirement within their grasps. Yet, many people will never be able to retire because they did not take advance planning seriously.
Some of those old sayings are still around because they have never stopped being true. One of them states something to the effect of “Don’t put off until tomorrow what you can do today.” This is quite relevant as we discuss the negative fallout that goes along with a failure to plan ahead for your elder years.
Some people tell themselves that they will always have time to begin planning at some future point in time. These individuals often find out just how fast time can pass you by. It can take some focused effort over multiple decades to accumulate the resources they need to retire in comfort and if you keep procrastinating you’re not going to have enough time to get where you need to be.
In a very real sense the difference between those who are living their retirement dreams and those who are still laboring away while they are in their late 60s and 70s is a simple matter of planning. If this make sense to you, the logical first step is to seize the day, put the procrastination behind you and arrange for a consultation with a good Indianapolis financial planning lawyer.
Mr. Kraft assists clients primarily in the areas of estate planning and administration, Medicaid planning, federal and state taxation, real estate and corporate law, bringing the added perspective of an accounting background to his work.
- Debunking Estate Planning Myths - May 30, 2023
- Do I Need an Indiana Advance Directive? - May 25, 2023
- Which Document Is More Important in My Estate Plan — a Will or a Living Trust? - May 23, 2023
