Tag: retirement planning
Are you prepared for retirement living at 100?
Most of us spend years worrying about the things that could shorten our lives. We try to eat a little better, exercise a little more, and listen to our doctors when they tell us to cut back on the foods we enjoy the most. At some point during retirement, however, a completely different question begins… Read more
How Retirement Will Change Over the Next 20 Years
If you had retired in 1985 and somehow awakened in today’s world, you might wonder if you had stepped into the pages of a science fiction novel. People carry powerful computers in their pockets. Families scattered across the country gather around a screen for birthday celebrations. Groceries arrive at the front door with the touch… Read more
Why Working After Retirement Is Becoming the New Normal
Ask someone in 1985 what retirement looked like, and the answer would have been predictable. Leave work on Friday, collect a pension, play golf, spoil the grandchildren, and never punch a time clock again. Fast forward to today, and that picture is fading quickly. Millions of retirees are discovering that working after retirement is not… Read more
Retirement Mindset Secrets: What Can Retirees Learn About The 48 Laws of Power
Most people think power is something that belongs to politicians, CEOs, and billionaires. Retirement seems far removed from the political intrigue and strategic maneuvering described in Robert Greene’s bestselling book, The 48 Laws of Power. At first glance, the connection appears weak. What could a retiree possibly learn from kings, generals, and power brokers? Quite… Read more
The Retirement Readiness Gap: Why Money Alone Won’t Make You Happy
Many people spend decades preparing financially for retirement. They contribute to retirement accounts, pay off mortgages, build investment portfolios, and carefully calculate how much money they will need. Then retirement finally arrives, and something unexpected happens. They feel lost. At first glance, it makes no sense. The spreadsheets look good. The pension is arriving. Social… Read more
Could Selling Your Old Home Be a Smart Move?
For years, I believed owning a home in retirement was the gold standard of success. Society trains us to think that way. Pay off the mortgage, sit on the porch, wave at the neighbors, and live happily ever after with a garage full of half-used paint cans and a lawn mower that refuses to start… Read more
How to Manage Sequence of Returns Risk During a Long Bear Market in Retirement
If you are retired and living off your investments, the words “bear market” probably make your stomach tighten a little. That reaction is completely normal. I have spent years studying retirement finances, and I can tell you that market downturns worry retirees more than almost anything else. This is the sequence of returns risk, and… Read more
Real Cost of Long-Term Care in Retirement and How to Prepare Financially
If there is one topic retirees love to avoid, it is long term care. I get it. It is not exactly dinner table conversation. Most of us would rather talk about travel plans, grandchildren, or which beach chair is best for an afternoon nap. But long-term care is one of the biggest financial risks in… Read more
The Hidden Grief of Retirement and How to Process It
Retirement is supposed to feel like freedom. No alarm clock. No commute. No meetings that should have been emails. For decades, I pictured retirement as a long Saturday morning. But nobody talks about the hidden grief of retirement. Then it arrived. And for many of us, something unexpected slips in alongside the relief. A quiet… Read more
How to Find Your Purpose in Retirement Before You Leave Your Career
Retirement planning advice usually focuses on money. Build the portfolio. Reduce debt. Optimize Social Security. Control taxes. I have written about all of that, and it matters. But after years of studying retirement, psychology, and health research, I have come to a simple conclusion. If you retire without a clear purpose that inspires you, your… Read more