Financial Strategies Group

Solid Foundation- FSG Ebook

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4 LETS GET READY TO RETIRE An introduction by Financial Advisor, Brice Carter, CFP ® , CIMA ® , ChFC ® Introduction Retirement is a relatively new concept. In terms of human history, retirement is still in its infantile state. Until recently, if you were still living, you were still working. This concept began to change in the mid to late 1800s when companies and governments began to offer pensions and security nets. In 1881, Prussia became the first country to propose the then radical concept of government support for those who had aged out of the workforce. Similar to all new ideas, the concept of retirement has evolved and changed drastically since its inception. We have witnessed over the past 100 plus years two world wars, two major global recessions, unimaginable leaps in medical science and technology, and a drastic increase in life expectancy. "Until recently, if you were still living, you were still working. This concept began to change in the mid to late 1800's when companies and governments began to offer pensions and security nets."

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