5 Infographics That Can Help You Plan Your Retirement
Photos courtesy of gettyimages.com
It’s a complicated beast, but get your retirement plan right from the outset and you could join the elite few who are putting an end to their working life earlier than the official guidelines suggest.
Of course, get it wrong, and those latter years can be very difficult indeed. It’s also worth mentioning that while finances will dictate a lot of your retirement, there is far more to it than that as well. This collection of infographics we have found should highlight this.
The seeds of retirement savings – https://bethkobliner.com/advice_basics/retirement-savings-infographic/
As we have just said, a major element of retirement is making sure that your finances are in good, working order. This infographic from Beth Kobliner is one of the very best starting points we have found, and highlights all of the different ways that you can plan financially.
For example, most people will do this through work and ultimately, a simple IRA or 401(k). There are other means, such as the DIY approach though – and this infographic really gets into the lingo and shows how you should be approaching this period of your life.
Does retiring mean you have to move? – https://www.towncaredental.com/where-do-seniors-live-united-states/
This next infographic doesn’t really answer the above question, but it certainly leaves us pondering.
The team at Towncare Dental have put together an infographic that shows which states where seniors tend to head. It seems as though some are much more attractive to the elderly, with Florida’s population as an example being comprised of nearly 20% of them. When this is compared to other states, where the figure is closer to 10%, it’s clear that retiring does sometimes prompt relocation.
What does retirement truly mean? – https://www.aegon.com/newsroom/Image-Gallery/Internal-Content-Repository/Infographics/2017-retirement-readiness/future-retirement-means-flexibility/
We love a study, and this infographic from Aegon compiles the results of a questionnaire into an easy-to-digest graphic format.
Aegon have basically tried to find out what the nation’s plans are when it comes to retirement. While the general consensus is that everyone just wants to stop working altogether and ultimately relax, this infographic reveals that this isn’t necessarily the case.
Another guide to retirement planning – https://creditlogon.com/5-simple-yet-effective-ways-plan-retirement-infographic/
Next on the list is another guide to retirement planning, although it does happen to be a much longer infographic than anything we have revealed so far.
The piece by Credit Login is incredibly in-depth, and looks at everything from how you should treat your savings, right the way to the typical priorities that different generations have. It also has a scatter of study results in there so all in all, in terms of comprehension, this is one of our favorites.
The challenges that will face you ahead of retirement – https://www.wealthfromwisdomradio.com/insights/infographics/4-challenges-during-retirement/
Finally, you can put together the best retirement plan in the world, but all this will be for nothing in some cases. Like it or not, some issues are out of your control, and this next infographic highlights this down to a tee.
It shows how market volatility, spending behaviors, tax and inflation and longevity can all work against your plans. It’s an interesting read, and highlights the importance of having a contingency.