Keen On Retirement

Do you remember The Bucket List, the 2007 movie starring Jack Nicholson and Morgan Freeman? It popularized the idea of coming up with a list of things to do and places to see before your days are done. Whether it’s skydiving, attending a lion safari in Tanzania, or some other adventure, a bucket list became a way to set a goal around achieving certain life experiences.

Now that we’re in tax season we thought it would be appropriate to take a look at income and taxes in the United States. How are they distributed? Is it fair? What does it take to be in the top 1%?

Imagine if you were given the gift of 10 extra healthy years. What would you do with that time? You might be able to travel and see more of the world. You might be able to spend more time with your kids, grandkids, and even great grandkids. You might be able to make a bigger impact on the areas of life that are most important to you.

Technology can be overwhelming but upcoming technologies may make life for retirees dramatically different–in a very good way. Roughly 10,000 Baby Boomers retire every day and soon they may be able to live longer, healthier lives in retirement. Many of my retiring clients look forward to their golden years but also worry about aging and losing their freedom. Although Boomers are considered relatively technology challenged compared to their Millennial children, new advances promise to not only extend our lifespans but improve the quality of our lives.

Nobody likes to look back on life and feel regret. And with that in mind, here are a few common regrets I hear from retirees. My hope is by sharing what other people have regretted, we can learn from them and avoid these regrets in our life.