From his experiences gained while dealing with many retirees David Garnier from Nova Scotia knows that having to retire can be an extremely frustrating experience. There are people who love their job to a degree that they would want to stay until the last day of their lives, while others cannot wait to finally start retirement without the responsibility they faced in their workplace every day. Growing old is not a sin, in fact it is something we should all aspire to. But failing to create a plan for your retirement can have extremely tough consequences. It’s important to note that whenever it is possible, one should take their retirement (and everything it comes with) into their own hands. Of course depending on which source of retirement one is eligible for, that can be a rather tricky proposition. In any case, preparing for it can never be a bad idea.
Negotiate Your Benefits and Health Insurance
If your retirement money will be provided by your current employer, negotiating your worth is somewhat of a reoccurring theme. Depending on where you work and what are their policies, you are actually allowed to negotiate the terms. How much you will want to pay for your health care, what other benefits you think you are entitled to, etc. etc. If you are looking at a scenario like that, asking for help from your human resources contact can help you out tremendously. David Garnier Nova Scotia, is a financial advisor. Having seen many similar situations during his career, his advice is to wait until you reach the full retirement age, before you start to collect your checks.