Okay. I know it is. But that would be all kinds of awesome.
I’m sure you’re probably wondering what exactly I want to retire from…Mommyhood? Blogging? None of the above lol but the “idea” of retirement has always seemed nice. I don’t know if it’s the commercials I see on TV or what but I kind of picture retirement to be like this:
That’s what retirement is right?! Or is it more like this?
So yea it’s probably more like image number two but I can pretend and dream that it’s more like number one right!?
Much like life insurance planning for retirement isn’t even on my radar. I’m only 26 right? Right. BUT a couple of years ago I was only 22 and thinking I had all the time in the world to think about retirement. But the years are going by SO quickly and it’s about time that I start taking a serious look at retirement budgeting, unless of course I want to work for the rest of my life. Which I don’t. Secretly I’m hoping that one of my children become super rich and take care of their mama the same way I’ve taken care of them for all these years (insert huge guilt trip to my children) but since I have to be realistic that means I have to think about the dreaded BUDGET! Genworth Financial has as Easy Budget Calculator to get me started.
It’s pretty straight forward you enter in all your expenses and it helps you figure out if you have left over money to put towards a retirement plan or if there are areas where you can cut back so that you can put it towards a retirement plan *ahem* Target *ahem*.
Creating a budget is the number one tip mentioned in Five Tips to Make Your Retirement Cheaper and I’ll be the first one to admit. I stink at budgeting. But the older I get the more I realize how important it is to budget not only so that I can enjoy my life NOW but so that I can enjoy it LATER. No one wants to be 90 and working just to get by. I know I certainly don’t. So tell me: