Tag: retirement planning
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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
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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
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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
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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
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Top 5 Best Financial Moves to Make Before You Retire
Retirement is often sold as the golden era of life, a time filled with travel, hobbies, family visits, and the occasional afternoon nap that turns into a three-hour masterpiece. But here is something I have learned after years of studying retirement patterns, financial behavior, and the psychology behind major life transitions, retirement does not magically Read more
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Latest Economic News is Bad for Your Retirement Savings
If there is one thing I have discovered about retirement, it is this, you finally have the time to relax, and then the economy decides to start acting like a toddler who skipped a nap. One minute everything looks stable, the next minute inflation is climbing, healthcare costs are doing their best impression of a Read more
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How Retirees Can Save Money on the Big Five Without Feeling Deprived
One of the great myths about retirement is that saving money means living smaller. Smaller house, smaller meals, smaller life. I’ve found the opposite can be true. The most successful retirees I know are not the ones pinching pennies until Lincoln screams, they are the ones who figured out how to spend smarter on the Read more
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Try a Six Month Trial Retirement for Best Results
Retirement is often sold as a single, dramatic moment. One day you’re answering emails and setting alarms, the next day you’re sipping coffee at 10 a.m. in your pajamas wondering why everyone else looks so rushed. That image is appealing, no doubt about it. But after years of working with retirees and living through parts Read more
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The 10 Most Important Questions to Ask Yourself Before Retiring
Retirement has a funny way of sneaking up on us. One minute we’re counting down vacation days, the next minute we’re staring at a calendar with absolutely nothing circled in red. When I first started thinking seriously about retirement, I assumed the biggest questions would be financial. How much money do I need, will it Read more
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When Retirement Gets Stuck in the “Good Old Days”
I’ll be the first to admit it, nostalgia is comforting. There is something soothing about remembering a time when gas was cheap, phones were attached to walls, and nobody expected you to learn a new app just to read a restaurant menu. In retirement, memories can feel like old friends, always available, never judgmental, and Read more