Keen On Retirement

This has been a tough year for all of us, but it's been even harder for folks who have recently lost a parent. No matter how old you are, you could count on mom and dad's wisdom, experience, and love to give you some perspective on challenging times like this one.

Covid-19 has delayed many dream vacations, family reunions, and road trips this year. But as we all navigate the space between things we can do, things we can’t do, and things we still want to do in the future, there’s an opportunity to reflect on the bucket list goals that are truly important to us.

Whether you’re about to wrap up a successful engineering career or prepping one last entrepreneurial sale, you’ve developed a wide variety of professional skills over the decades. Many seniors resist retirement because they don’t realize just how valuable and useful those skills still are once they do retire.

When it comes to investing, I believe success begins with developing a long-term perspective. Many of the clients I’ve worked with started with nothing, but they’ve saved and lived within their means over the years.

Back when we were all living in quarantine, many of us saw celebrating the 4th of July as a short-term goal. If we all did our part to keep ourselves and our communities safe, maybe fireworks, parades, and backyard BBQs could mark the return to normalcy we were all craving.

Under perfect circumstances, retirement can still be a very difficult transition. Even if you’re lucky enough to be retiring when you want and how you want, leaving behind your career and adjusting to a new routine is not easy. Many retirees experience a profound loss of identity and purpose as well as feelings of isolation.