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    Home » Estate Planning » Timing Your Retirement

    Timing Your Retirement

    January 5, 2011Estate Planning, Retirement Planning

    According to Jungian psychology the human mind attaches significance to symbols, and this assertion has certainly been embraced by Madison Avenue over the years. When you see a simple logo any number of messages can unfold in your consciousness, and this extends to people as well. Celebrities can become iconic figures, and what they represent can sometimes transcend their true identities as people who just happen to hold high profile positions.

    When people watch a scenario play itself out publicly lessons can be learned en masse, and the Brett Favre retirement saga provides some universal food for thought. When you are engaged in retirement planning one of the first things you are going to do is identify a target date. Throughout your career you may talk about how much you are looking forward to retirement, regaling anyone who will listen with detailed accounts of the exotic vacations and sumptuous leisure activities that will fill up your retirement days and nights. But on the inside there may be some conflict there because you didn’t get ahead through a lack of passion for your career.

    Brett Favre has put this internal conflict on public display, and it is instructive to anyone who is planning his or her retirement. People who have been able to accumulate the financial resources that it takes to retire comfortably have been successful so they are clearly good at what they do. You don’t want to retire when you are no longer physically and mentally capable of enjoying these golden years, so you probably could continue to be productive on the job. You may feel a sense of commitment to the team as it were. And is spite of your many achievements, you may still have a goal or two that you were never able to reach.

    When you consider all of these factors you can understand why it has been hard for Favre to let go. But as we are seeing at present he may have missed the ideal time to hang up his cleats, and his choices have made his life more difficult than it had to be. When you are planning your retirement consider the timing carefully and take all of the pros and cons into account so that your decision can be a firm one.

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    Alan Augulis, Estate Planning Attorney
    Mr. Augulis founded his Warren, New Jersey law firm so that he could focus his practice in the areas of advanced estate planning and tax law. Mr. Augulis has invested considerable time and energy helping to educate others on the topic of estate planning and has become a sought-after speaker in the tax and estate planning arena because of his informative and entertaining seminars.
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    About Alan Augulis, Estate Planning Attorney

    Mr. Augulis founded his Warren, New Jersey law firm so that he could focus his practice in the areas of advanced estate planning and tax law. Mr. Augulis has invested considerable time and energy helping to educate others on the topic of estate planning and has become a sought-after speaker in the tax and estate planning arena because of his informative and entertaining seminars.

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