HAZARD, Ky (WYMT) - Some people put planning for retirement on the back burner, especially since the 2008 financial crisis.
But money experts say not so fast.
At the Perry County Senior Citizens Center, life after retirement is good.
Wanda Campbell knows how lucky she was to retire in 1991.
"After my husband passed away, I draw railroad retirement, you know, that is a little bit more. I would not have drawn much for myself," said Campbell.
But for many seniors, having enough money to support themselves is not as easy.
To help make ends meet, Harold Combs, who is also retired, works part time doing transportation work for the senior center.
"It is pretty hard to save money that is mostly why I work part time," said Combs.
Most people think of retirement as a time to sit back and enjoy the simpler times.
However, with people living longer and things costing more these days, many said that is simply not the case anymore.
Charlene Miller is a Vice President at Community Trust Bank in Hazard.
She said planning for a retirement is very important.
"If I did not have some kind of retirement plan, I would definitely start worrying," said Miller.
Miller said every penny you save now will help later.
"You always need to have whatever your living expenses are. You probably need ten times that much in some kind of a retirement plan," said Miller.
She said you do not have to start by setting aside lots of money.
One possible place to start is with your tax refund.
"If you get your taxes back, put some of that in an IRA or some kind of retirement plan," said Miller.
Miller said most importantly, you are never too young to start saving.
"That is way off in the future for them but their retirement age will get here before they know it," said Miller.