Building an Estate Plan Without Retiring
A good estate plan is one that takes into consideration all of your major life events, including a planned
retirement and the money you'll need once you stop working. However, whether you have already
retired or have yet to, you may wish to reconsider your decision to stop working. For many people,
choosing not to retire is one of the best decisions they make. Here are several reasons why it may be
right for you.
Reason 1: You enjoy passing on your knowledge.
For professionals and those who have acquired a lifetime of knowledge and experience about a specific
job, retirement can often mean that you spend much of your time helping those in need. By
participating in a mentor program, teaching, or helping others through community assistance
organizations, many people spend their retirement giving back what they learned over their lifetimes.
Reason 2: You enjoy the perks of being employed.
Whether it's the annual holiday party, occasional business trips, memberships to a gym or club or any
other associated perks, employment often offers you the chance to participate in activities that you
really enjoy. Even if you don't want to work full-time, you may be able to find part-time employment
that still offers many of the same perks.
Reason 3: You like who you are when you are working.
For many, work is who they are. Your sense of identity, autonomy, and meaning may all be based in
large part from your working life. If this is true, you should definitely plan to maintain at least some
kind of employment while you are retired.
Experienced estate planning attorneys Grand Forks ND of the Raymond J. German, LTD. offers estate
planning and business planning resources to residents of Grand Forks ND. To learn more about these
free resources, please visit www.raygerman.com/ today.