Ted Bauman: The Three Numbers Of Retirement

Retirement is really all about numbers. Three numbers in particular matter most, one being credit score, two being age, and three is net worth. These number may not measure our worth to oneself, but sometimes these numbers are important to how others measure us. These numbers are often times rated higher than good morals, great ethics, or good work.

These numbers are even used to measure our worth on things that really have nothing to do with these numbers, such as dating sites. Now why in the world is our credit score important when going on a dating site? Shouldn’t we just be looking for love? Either way these numbers should be important as we creep closer to retirement.

Our credit score and our age, well that is pretty easy to control compared to our net worth. Here is why. Our net worth going into the future may be more difficult to predict on tedbaumanguru.com.

The one reason this is so unpredictable is economics. The price and value of any item or investment. The price is the amount of money a buyer would like to spend on any given item a any moment in time. The value of an item depends on how useful something is to the consumer.

Sometimes items on the market are so popular for a moment, and everybody wants one. So when everybody wants something, what happens, the price goes up. This happens because the item is in demand according to plus.google.com. Then once the craze ends, the price goes back down to a reasonable price because it is a desirable item, but it is not in high demand.

So net worth is harder to predict because items such as our home is included in that number, and if we aren’t ready to sell our home just yet, it is tough to predict what our home will sell for in the future because of the value may decrease by that time. The wealth of the younger generation is also questionable after some studies done by Credit Suisse Research Institute according to ezinearticles.com. Which raises the question, will the younger generation even be able to afford to purchase my home which is a part of my current net worth. These are all things to consider before retirement.

Ted Bauman works for Banyan Hill Publishing since 2013. He serves as the editor for The Bauman Letter, Plan B Club, and Alpha Stock Alert. He currently resides in Atlanta, GA with his family. Ted Bauman is originally from Washington D.C. and spent most of his childhood on the Maryland east coast. Once grown, Ted Bauman left to South Africa where he attended the University of Cape Town. He studied and majored in Economics and History.

Find more about Ted Bauman: https://plus.google.com/+TedBaumanGuru

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