Keen On Retirement

Here are three strategies for weathering this bout of volatility that I hope you'll think about and discuss with your financial advisor.

Your lifetime of work experience doesn't become any less valuable once you've retired. Many seniors turn to part-time jobs, volunteer positions, tutoring, and mentorship to stay sharp, stay active, connect, and give back in retirement.

As we age, it can be a little jarring when you notice it's taking an extra second or two to find the right word or put a name to a familiar face. For many decades, scientists attributed these quirks to studies showing that mental speed peaks around age 20 and slowly declines thereafter.

"Wealthy" is another category that's a lot more relative than people may realize. Sure, we talk about "the 1%" a lot in our society. Others might point to the IRS' tax brackets to gauge wealth. But Charles Schwab's Modern Wealth Survey 2022 shows that people want more from their money than just wealth -- they want to be able to live a life that aligns with what's most important to them.

At least once per year, I like to pull together the latest data for a blog post or podcast that answers one of the most common questions we get asked at Keen Wealth: "How does my retirement savings compare to other folks my age?"

Here's a brief agenda that will help you cover the basics and prepare you and your loved ones for one of life's most challenging transitions.