Oct 18 2008
Taking Stock
For anyone past the age of 50, we know that the economy rolls along like the waves on the ocean, highs and lows, rip tides and tsunamis, it all comes with the territory. We have all been through the good times and the bad. This recent roller coaster ride with the stock market is, maybe, a little scarier than others before. Most of us are getting to a point where, even if we aren’t thinking about retirement yet, we would like to think we could be thinking about it sometime soon. The idea that we may have to work longer, maybe the fear that we will have to work the rest of our lives, is more than a little unsettling.
I don’t really have anything to say to calm your, or my, fears. It’s been a rough year. Even if things have bottomed out, recovery will be a slow and arduous process. All I can say is, keep your chin up. We must all just keep on keeping on, because there really isn’t any other alternative. I will say that I believe recovery will come, and with it, a better overall level of economic stability. That doesn’t help a whole lot, I know, if you’ve just retired or were planning to do so in the near future. I, personally, have rethought the whole retirement thing. I’m not sure if I will ever be fully “retired.” I may not be doing what I am doing forever, but I’m pretty sure I will be doing something to earn some level of income for as long as my mental and physical faculties allow.
That’s not all bad. I actually like being productive and I never want to reach the stage where I will be a burden to anyone.
What are your thoughts on working, retiring, or doing something in between. Drop an e-mail and your views will be shared in this space.
