No, this is not going to be about what retirement means.
Instead, caution.
If you allow it, your family and friends will drain and exploit your funds.
If your children are 18+ and want to attend college, they can fund their education through, scholarships, work on campus, and/or off-campus.
Your income will be fixed so do not borrow money for anyone.
Do not go into debt for possessions, popularity, pleasure nor to impress other people.
Now, debt is a bigger 'trap'.
Funeral expenses can be over $10,000.
The cost of food, housing, and utilities will increase, your retirement benefit may not.
If you need help with the management of your retirement funds use a personal Financial Coach, not your children nor grandchildren.
Yet after retirement, you can help those children and grandchildren, how?
Influence them to acquire knowledge, tell them of your experiences, talk to them about money, and encourage them to pray.
You now have the time as you are no longer on the 9-5.
Good night.
#wealth#moneymanagement#Preparefor it
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