Yes there is life after retirement. Good or bad however depends totally upon the individual but even then the negatives are exaggerated unfairly. Retirement is a prospect that awaits every working individual. Everyone has to retire one day. While some individuals keep working even when they have crossed their 60s, many take early retirement as soon as they hit their 40s or 50s because they planned their retirement to perfect. For the reason that mostly companies have policies that don’t allow workers to keep working after their retirement age, even the most healthy and skilled individuals find no other option but to retire. Life after-retirement can be either very comforting or extremely disastrous. Depending on the personal and financial factors of an individual his retirement life varies. You cannot just assume that two people of the same age would live a similar lifestyle post-retirement lives. There are many things that can affect their after-retirement life such as their families, their financial stability, their future plans and so on. Non-loving family members, piles of bank accounts/credit cards under debts mean that the after-retirement life of a person would be miserable. However, not everyone has to live with a bad after-retirement life. There are a lot of smart individuals out there who live their old age life as good as their young life, or even better than that. What these people do that makes their after-retirement life a pleasure filled and heavenly is the right question for you to ask. The answer is; they plan their retirement before they even reach the retirement age. The planning phase is the most crucial phase of every person’s pre-retirement life. Clearing up all the debts, bad credit history and stabilizing a personal business are some of the most crucial parts of retirement planning. There is one more very important part of retirement planning; a pension plan. A pension plan helps people in securing their futures. By making a selection from a number of pension annuity types, each individual takes a pension plan and starts making monthly payments to his pension account. When the decided time comes, he starts receiving his payouts which he then keeps receiving till the rest of his life. If you haven’t given a thought to a pension plan yet, now is the right time to do so. The very first order of business is to consult with a financial advisor or a retirement planner. They will unveil the big picure and your current situation as far as retirement prospects go. This will in turn enable you to make a better and more informed decision going forward. Don’t plan your retirement based on guesses. Double check and even triple check every minor detail. These advisors are there so that you can make the most of your golden years. So if you want to live a prosperous life after retirement, you should not only prepare yourself for it but to also prepare it for you. There is life after retirement and it will be as pleasant and relaxing in the future as you plan it out to be right Learn more about retirement, especially 401k retirement and get answers to your everyday retirement planning questions from a panel of expert financial advisors in California atwww.Dear401kJ.com. ...read more

Everyone has to retire one day, willingly or non-willingly. If you haven’t reached your retirement age or phase, a number of retirement facts might help you out understand all the ins and outs of #retirements and its aftermaths. Read more about "early retirement fact sheets people need to consider" ...read more

Early retirement is a prospect some people look forward to and others wish they won̢۪t have to face ever. The term in itself is self-explanatory. It implies that an employee take early retirement and start earning retirement benefits. However the sooner you retire, the lesser the benefits which can be a cause of concern for some people. If you are a long time employee of a company that is cutting its workforce in order to keep its expenses in order, chances are you might be forced to take early retirement. Some can even be provided with an early retirement buyout package. The benefits are there for the taking. It is used as an incentive............ Read the complete article http://aol.it/1rgl4kx ...read more