Important Notice

You are leaving the Lone Star National Bank website.

You are leaving www.lonestarnationalbank.com and continuing to another website that Lone Star National Bank does not control. Lone Star National Bank has provided this link for your convenience. We are not responsible for the content, security, and privacy policy of the website.

Lone Star National Bank

Thinking of Tomorrow: Easy Steps You Can Take to Begin Preparing for Your Retirement

Apr 03, 2017


There are many ways to take a practical approach to saving and generating different methods of income. By thinking outside the box, you can increase your chances of enjoying a bright and financially secure future after retirement. Retirement is something that many young Americans don’t think of, but it’s important to know that saving for when you’re ready to hang your boots up is never too late. Read on to learn more about what you can do to save for your retirement.

The Lone Star Legacy Club is perfect for Texans 50 years young who are ready to retire! Learn more about what this exclusive club is all about!

Use Your Experience

Everyone has some sort of experience or honed-skill set that can be used to influence his or her quality of life after retirement. Whether it’s experience in marketing, cooking or designing, you can maximize your earning potential through freelancing and consulting after you leave your career. On top of making some extra money for yourself and your spouse, you’ll also keep busy! However, if you’re still relatively young and would like to make some extra income off of a skill or trade, then go for it!

Don’t Overspend

If you have the ability to live a frugal and financially reasonable lifestyle, then do it. A prudent lifestyle can increase the amount you have in your bank account. The best thing about living within your means is being able to enjoy life and cutting costs so that you can maximize your savings. Think of everything in terms of “needs and “wants” to help accomplish this. Do you really need a $2,000 4K HD TV or would you rather use your money to purchase a new vehicle after your current one needs replacing?

Set Realistic Financial Goals

The best way to establish a pattern of thinking and cultivating more upbeat behavior is by goal setting, but it’s important to set the right ones since saving money is only possible when you minimize spending. Take everything into account that could risk or prevent you from achieving this goal, whether it’s constantly eating out for dinner or a student loan you’ve been ignoring.

Choose Healthy Living

The excuse of not knowing about certain health issues is over. We live in the age of information where everything there is to know about health and the impact of an unhealthy lifestyle is immediately accessible. Staying active and instilling a healthier lifestyle will not only improve your physical wellness, but also help you save money by eliminating costly medical bills caused by health problems like diabetes or heart treatments.

Don’t Borrow to Spend

Almost everywhere you look, there are short-term lending options waiting to fund your dream car, vacation, etc. While there is nothing wrong with getting a loan to buy a car or take a vacation, it can be an issue if you borrow money to sustain a certain lifestyle. This can lead to debt and will eradicate your savings over time. Always have a clear goal in mind when borrowing money and look at the potential risks and returns it will bring.

Helping You Prepare

Whether you’re barely thinking about researching for ways to retire or are currently looking for ways to diversify your investments, we have an assortment of quality services to help you get there. Visit or call our bank in San Antonio to have your questions answered today!