Kiplinger

Worried You're Never Going to Be Able to Retire?

Some people spend more time thinking about retirement than others, but most everyone has at least a few ideas about what their life will be like when they don't have to work anymore.

Unfortunately for many, hoping and dreaming is about as far as they get in the planning process. They don't know whether they can really achieve their goals because they haven't taken the steps necessary to prepare for them.

If that sounds like you, and you're anywhere close to the age you think you'd like to be when you retire, let me warn you: Your retirement reality could be far different from the lifestyle you've imagined. And if it is, it likely will be because you ignored one or more of these five basic threats:

Threat No. 1: Unclear plans.

This threat is especially difficult for married couples transitioning to retirement. It's amazing how far apart two people who've lived together for years can

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger8 min read
The 7 Best ETFs to Beat Back Trade War Worries
The trade war between the United States and China is well into its second year. Since Jan. 22, 2018, American stocks have made two runs into all-time-high territory, but overall, they haven't made much progress. The Standard & Poor's 500-stock index
Kiplinger4 min read
Need Financial Advice? How to Choose Between Robo and Human Help
Preparation is essential to meeting any goal, but when it comes to financial planning, there's often a disconnect: We know it's important, but we just don't follow through as we ought to. In fact, a study by the Duke Center for Advanced Hindsight hig
Kiplinger2 min readPolitics
Want a Bigger Tax Refund Next Year? Check Your Withholding!
We always advise our readers to keep tax refunds to a minimum to avoid giving Uncle Sam what amounts to an interest-free loan all year long. But we also acknowledge that some people still like big refunds and see them as a kind of forced savings acco