Long gone are the days of working for one Norfolk company all of your life and retiring with a gold watch and a pension to see you through your golden years. These days, employees hop from one company to the next, with little more loyalty for a company than the company has for its employees. So, it’s up to the employees themselves to make sure their retirement income is procured, on their own. Estate planning services are seeing a spike in business from local consumers who are interested in ways to supplement their Social Security during their retirement.

For those looking for ways to generate additional retirement income norfolk area, the key, say experts, is planning ahead. Putting money into a 401-(k) or a Roth IRA is just a beginning. It’s important to sit down early on with a financial planner and talk about where your life is headed and how you want to spend your retirement years. You need to set up a plan for your future, a road map, so to speak, with the help of a certified financial planner. How early should you start? Some say as soon as you get your very first job and start paying into Social Security.

While some think of retirement income norfolk as real estate holdings, still others think of it in terms of a part-time job they may pick up after retiring from their primary job. It is truly all in the eyes of the beholder, and different for everyone. A great deal depends on how you want to spend your senior years and what type of lifestyle you want to live. If you want a simple existence, enjoying church, home and your friends, your Social Security check and a little retirement income norfolk check from a job you do a few hours a week may be fine. But for others who want to travel, spend time with family and see the world, a retirement income norfolk income needs to come from several sources, including stocks, bonds, real estate, gold, and other financial holdings. Only you can decide what will work best for you.