The goal that most people have while they are traversing their career paths is to be able to retire someday and do so in comfort.
When you work to support your family over the decades you invariably have limited spare time. As a result a lot of things that you would like to do probably have gone undone. The objective for many is to be able to have these experiences once they retire.
This is easier said than done. The income that is derived from Social Security is limited, and this alone is not going to be enough to support the lifestyle that most people would like to enjoy.
If you are just going along drifting day-to-day without any type of cogent plan that leads to a comfortable retirement you are taking quite a risk. Recent studies have shown that a very significant percentage of baby boomers will never be able to retire because they simply don’t have enough money to do so.
On the other hand, if you have in fact worked with a good financial planning lawyer to put a cogent long-term plan in place you are not drifting–you are building toward your future.
Even people who are not earning six figures of annual income can be prepared to retire if they work within an intelligently conceived framework over an extended period of time. The key to a secure financial future is to engage professional guidance as you devise a plan and subsequently exercise the financial discipline to make the right decisions on a sustained and consistent basis.