Keen On Retirement

More often than not, the skills and processes that make folks successful in one business work in other businesses as well. I think that’s a big reason why Keen Wealth Advisors has been able to establish such a strong relationship with the engineering community in Kansas City and around the country. Engineers respond to our checklist-driven planning process because they use the same kind of diligence in their own work. And we love working with folks who are hardworking, curious, and dedicated to following through on a plan.

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.

The May 2020 jobs report could mark a turning point in our country’s struggle to get back on its feet after the Covid-19 pandemic. While some experts were bracing for up to 7 million more lost jobs, instead we got a pleasant surprise: 2.5 million jobs added and a 1.4% drop in unemployment.

Any time there’s a lot of data moving from A to B, folks have to be extra vigilant about protecting themselves from hacks and scams. Back in 2018, when approximately 59 million Americans started receiving new Medicare and Medicaid cards, fraudsters pounced, claiming they were calling on behalf of the government to “confirm” those new ID numbers.

For most of our clients at Keen Wealth, the end result of hard work and diligent financial planning is a happy retirement. A big reason for that is how our process helps clients to plan for not just financial security, but for their daily lives in retirement: the things they want to do, the hobbies and interests they want to pursue, the people they want to share this new stage of their lives with.

Recently I had the honor of participating in a video conference with CEOs and small business owners in the greater Kansas City area where we shared our perspectives on how to reopen our local economy safely and effectively.