Retirement consists of four or five phases − depending upon who you talk to.
As a recent retiree, you will probably be in the first or second phase. I have called the first a period of retirement euphoria; others call it the holiday phase. As you can no doubt attest, this phase is not a problem.
But then it becomes progressively more difficult. One of the key findings in a 20-year longitudinal study completed by Harvard, was that the unhappiest retirees had not gone on to do anything productive beyond pleasing themselves.
The next phase, Retirement Hell, if you will, may well be the tipping point for the rest of your life. Especially if you have not established a framework in which to live your life outside of your business or career. Does this ring a bell, guys?
Research by Dr. R.E. Moynes, suggests that many people do not get past Retirement Hell and if they do, they often suffer relapses and fall back into it. It’s scary.
This phase is also the age of discovery. While money has been, is, and will be, very important in your life, you may soon discover there are a lot of more important things than money. And this is where working with an advisor who will take the time to really know you, and who will provide meaningful and actionable advice may prove invaluable to your retirement well-being.
You have the chance of making the next phase or phases of your life an adventure. This may be daunting, but if you want to do something new and experience the sense of satisfaction upon completing an uncertain and unpredictable course of action, we relish the opportunity to work with you.
Retirement can become a void for many people. We see a better alternative and have chosen to work with those who want to make this phase of their life better, more rewarding, more fulfilling.