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Retirement Planning: Expect the Unexpected

Every financial planner will tell you how important it is to create a retirement plan, and to do so sooner rather than later. Indeed, the longer you wait to plan your retirement, the harder it will be realize the goals you set for your “golden years.”  But the one thing that is constant, regardless of the age at which you start your retirement planning, is that you should expect the unexpected. The unexpected may come in the form of a job lost before you planned to leave it, or a disability before you are ready to retire, or any number of other things. The key to your retirement comfort is to plan ahead for whatever form “the unexpected” takes. And guess what? If the unexpected doesn’t happen, your retirement will still be just as good as – perhaps better than – you envisioned it in your retirement plan. This Motley Fool article by Katie Brockman explains.

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