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Why it is important to understand your retirement plan? How can you receive more information? - Thrifty Living Today
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Why it is important to understand your retirement plan? How can you receive more information?

 

By the time we retire, many people have started and contributed to a retirement plan.

For many of us this is done through our employer.

 

Welcome to Thrifty Living Today, a special way of life for the Twenty-first Century.

My name is Lori Blatzheim and I am your host.

 

I have questions:

Do you have a retirement plan and do you understand it?

Have you read the retirement plan documents?

 

I retired from active nursing in Feb. 2012.

 By the time I retired I had:

·        Attended classes on retirement planning

·        Spoken with the human resources office of the hospital system where I worked

·        Determined the approximate amount of money I had available to me

·        Searched for appropriate site for my  savings

·        Learned when my decisions would have to be made

It was not that easy. I read material on financial planning. I spent time on the phone with customer service staff of my current financial plan and also agents from the site I decided to place my post retirement funds.

I studied a lot, thought deeply, and discussed the issues with my husband. Finally, we came to our decisions.

 

How can you receive more information?

Do you feel comfortable contacting your human resources department and/or your Retirement Plan site for more information?

You will want to:

·        determine whether you can retire

·        budget for the future

·        ensure that as much debt as possible can be paid

 

In my opinion, information gathering and financial plans should be made early. You may want to discuss this with a financial planner.

Because my career has been in nursing I have a strong interest in that field. Recently I discovered a nurse who has written about preparing for retirement.

 

Her name is Kathryn Norcutt. She has information important to all of us facing retirement. To reach one of her posts on the topic of financial planning for retirement go to:

 

http://retireandrenew.com/?page_id=40

 

 

Lori Blatzheim is a wife, mother, grandmother, writer, thrift advocate, and retired nurse. She knows that use of Thrift can help people because she has experienced the benefits.

Are you a nurse? Are you a Senior? Do you have a friend or relative who is considering retirement or has already retired? Check out this web site: Retire and Renew:

http://retireandrenew.com


 

 

 

 

 

 

 

 

 

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About Lori Blatzheim

Created Retire and Renew, dedicated to those who are planing to or facing retirement or are living a Senior life: http:retireandrenew.com
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