Screen Shot 2015-02-03 at 9.41.11 AMAll but a few of us wish to quickly reach the inevitable age of retirement. We know it is going to happen, but the thought of no longer having a job to go to may be daunting regardless of what some may say. In addition to being nervous about what you are going to do with yourself during retirement, there are other concerns which hold us back and create undue stress about retirement. Below are a few ways you can kick those fears and come up with a great retirement plan.

1. Save, save, save your money. Some plan, huh? You might be surprised to learn the number of people who forget this most basic rule. Some simply rely on their Social Security Retirement pay for their income. The simple fact is Social Security should not be your only income source.

2. Do you plan on working part-time during your retirement years? More and more people choose to work during their retirement in order generate a little income, get out of the house, stay active, and interact with people. If you plan on doing so, have a game plan. Don’t settle for the first menial job that pays minimum wage to jump on. The truth is if you do so, you are likely to grow unhappy with the situation. Find something that suites you, but not something that will occupy massive amounts of your time. Also, realize that if you work during retirement you may see smaller Social Security checks.

3. Start making an effort to become debt free before you retire. Do you plan on staying in your home? Put a little extra effort into paying your home off before you retire. Planning on buying that brand new luxury recreational vehicle to travel the country? Start saving now, while you are still working, to soften that sticker shock.

4. Do you wish to remain active during retirement, perhaps travel the world? The popular notion of traveling or opening a winery all sounds very romantic, but c’mon, a winery? For the vast number of Americans in retirement this is not a reality. If you are in the Miami area, make sure you consult with a Miami area financial consultant to help you plan for your future. It is never too early, or too late, to start planning for retirement.

Honestly, not everyone’s retirement years are comfortable. Far too many retirees struggle to make ends meet, especially during the most recent economic down turn. Remember, you don’t have to come up with a plan yourself. Contact a Miami tax consultant to get you started today.