Keen On Retirement

Figuring out "the perfect time" to retire is only partially a financial decision. After all, if the second half of your life was just about money, then no one would ever stop working and earning. But when your retirement timeline intersects with major economic uncertainty, it's understandable that the money side of the equation might start to feel a little more important. News headlines blaring words like DOWNTURN, INFLATION, and RECESSION can overwhelm plans you've been making for years, and the goals you've been dreaming about for decades. It's at these uneasy moments that the true value of a comprehensive financial plan shines through. Right now, most folks who are willing to stick with their plan and work closely with a trusted advisor should be able navigate some turbulence and stay on course for a secure retirement.

For the eighth year in a row, the happiest country in the world is ... Finland! An annual collaboration between Gallup polling, the University of Oxford, and the United Nations, the 2025 World Happiness Report asked respondents from more than 130 countries to rate their lives on a scale from zero (the worst) to 10 (the best). Researchers also factored in questions about kindness and generosity, as well as how people perceive the benevolence of their neighbors. Not only did Finland claim the top spot, but fellow Nordic countries Denmark, Iceland, Sweden, and the Netherlands rounded out the top five. And the United States? We actually dropped from 23 last year down to 24, due in part to younger people feeling more pessimistic about the future. So, where would you rate yourself on that scale? Is there anything we can do to experience more happiness in our lives? And how does money fit into this equation? Let's look at the three main conclusions that the WHR drew from its data and think about how we can apply those lessons to comprehensive financial planning.

At the 2025 Barron’s Advisor Independent Summit last month, my Keen on Retirement cohosts and I attended an inspiring keynote address from Chip Conley, author and former Head of Global Hospitality for Airbnb. Chip's talk was called "Why Your Best Years Are Ahead of You," a topic that certainly aligns with how Keen Wealth approaches its financial planning mission, especially as folks prepare for retirement. Today I want to share eight specific aspects of healthy aging Chip discussed that are also important parts of Keen Wealth’s comprehensive financial planning process.

If you receive most of your financial advice from cable news and social media, you might feel like we're perpetually on the brink of a recession. The prospect of a major downturn can feel especially unsettling for those whose short-term financial goals include retirement. Even aspiring retirees who do understand the inevitable ups and downs of investing might worry that now isn't "the right time" to retire. One of the benefits of the Keen Wealth Advantage is that we don't just react to external economic events, we proactively plan for a wide variety of contingencies -- including recessions. And while retiring during a downturn might sound like bad timing, with proper planning it's possible to retire on your terms, and on your timeline, no matter what's happening on Wall Street. In some cases, following your retirement plan right through market volatility can even be advantageous.

No matter how you feel about your upcoming retirement, there's no denying that letting go is a part of navigating this life transition. Your daily schedule is going to change. You won't have professional responsibilities. You probably won't see your work friends as often. And you'll lose the comfort of a monthly paycheck and your benefits, including your old health insurance. But while you might have mixed feelings about some of the things you're leaving behind, letting go in retirement can also be liberating! Retirees can cross these ten items off their to-do lists and spend more time focusing on the people and activities that they love.

In this new retirement era, where government rule changes and longevity trends are nudging many seniors to work well into their 70s, a "traditional" retirement at 65 might seem way ahead of schedule. But if you’re planning to retire at 65 or later, will you still be healthy enough to enjoy it? According to recent data from the World Health Organization, healthy 60-year-old Americans can expect an average of 15 more years of good health. Is that really what you've been working, saving, investing, and waiting for? A decade, maybe two, of being well enough to play more tennis, travel all over the world with your spouse, and give back to your community? Or should you be talking to your advisor about how to accelerate your retirement timeline so you can maximize your Golden Years while still ensuring your long-term financial security?