Scaling “Mt. Retirement”

For many individuals, retirement planning is an uphill battle. You can spend a good portion of your life climbing Mt. Retirement and, when you finally reach the top, you may feel a bit exhilarated.

However, reaching the summit doesn’t mean that your planning days are over. In fact, any mountain climber will tell you that most problems during a climb occur on the descent because the climber has concentrated solely on achieving his or her goal—reaching the crest.

This holds true for retirement, too. Although you may have reached your objective—the point when you can comfortably retire—it’s also important to realize that to achieve lasting financial security, planning must continue during retirement.