Secondarily, it pre-supposes that your spouse or partner is going to be healthy enough. Once again this is the lesser likely statistical outcome by today’s math. Reality is that when your spouse or partner is gravely ill, your ability to get or keep meaningful employment is a less than optimistic slant to take.
Third, it pre-supposes that you’ll find work. And again, not a real good bet based on the current math since the rate of unemployment is higher among older age groups than almost any other. You could start your own business and perhaps you should but counting on that as a means to provide your sustenance isn’t likely wise given that like marriages, about half of all small businesses fail within the first few years. Marriages may take longer, but the end result is about the same.
Truth is that work after retirement may be able to provide you with some bonus dollars to help but ascribing the effort the gold medal for saving retirement is, at best, premature.
Better, I’d suggest, that you give working "post retirement" it’s rightful place; it may provide you with some extras.
So where is the answer to a better retirement? It’s where it’s always been, it’s here and it’s now. Now is the time to start doing something about your future.
I watched the Little League World Series this weekend, Japan against the U.S. The young man pitching for the Japanese team threw the his fastball nearly 80 miles and hour which in the distances of Little League was the equivalent of a 100 mile-an-hour plus fastball in the major leagues. The U.S. coach told his players, “you’ve got to make you mind up to swing before he’s even let the ball go; if you wait to size it up, it’ll be too late.”
Evidently, preparing early and often works on a whole host of levels and for many of the same reasons and in many of the same ways.
As a noted motivational speaker once said, “everything you do counts, what you do counts and what you don’t do counts, it’s all adding up, either helping or hurting.”
Doing nothing doesn’t mean nothing happens.