There are many predictable events that will happen over the course of your life, like marriage, children and sending your children off to college. Retirement is also an event that is likely to happen, but the way in which it happens may not be the storybook ending you dream about. There are plenty of reasons to start retirement planning with your Northbrook financial advisor right now. Here are some of the reasons why.

For those who simply feel that if they cannot afford to retire, they won’t, they need to consider the fact that over 30 percent of the population will retire due to circumstances beyond their control. There are any number of situations in which you could be forced to retire including if your company decides to downsize, you suffer health issues or if you have to leave your job to care for a loved one. You would definitely be better off if you had a backup plan.

Over 30 percent of those who fall between the ages of 45 and 54 have yet to start saving for retirement. Let’s cut to the chase, if you are 54 and don’t have a nest egg building, you are probably in trouble. But all isn’t lost, a little retirement planning can go a long way if you start now.

Having $50,000, $40,000 or even $20,000 saved for retirement can be acceptable, if you are still young and keep adding to it. The sad truth of the matter is over 60 percent of the population has less than $50,000 saved for retirement, and many of those are in their 40s and 50s.

The bottom line is you need the help of a financial advisor if you want the kind of retirement you have always dreamed about.