Today, retirement is a daunting prospect for most of us.
Living in an era, where the value of money is shooting up at rocketspeed, securing our future financially is a major concern. Gone are the days when you could count on your pensioned earnings for a living, post retirement. So, coping with the pros and cons of modern day retirement is extremely challenging.
You could be a person who is fond of following routines, or maybe not. You might think that you’ve saved enough to afford for your retirement plans, child’s education, etc., or maybe you are just about okay in terms of financial freedom in future. But whatever it is, after all these years of work and chores, before you even recover from the whiplash of ‘what just happened’, you’ll find ‘retirement’ staring at you right on your face. As real as it sounds, it is fair to say that the very thought of retirement induces great anxiety in our minds. These fears stem from the uncertainty of our future circumstances during old age – fear of adequate social security and spiralling healthcare costs.
Let us look at some of the major retirement concerns, followed by which we shall discuss the best ways to reduce your anxiety.
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