“The first thing I’m going to do is sleep in, no more alarm clock!” That’s a common answer many people give when asked what they’ll do on their first day of retirement. And, it’s a pretty understandable response from someone who has been waking up to an alarm clock for the last 40 years or so.
While many people share that sentiment, they tend to differ when you ask what they plan on doing next. Some people are ready to hit the ground running with a detailed plan waiting to be implemented, while other people take the exact opposite approach with a “whatever happens, happens” mentality. So, which group of people has the correct approach to retirement?
That’s easy: both groups are right because when it comes to retirement it’s about the freedom to make your own choice. While retirement might be the end of your work life, it’s also the start of your free life. It’s like being a kid again, but with experience, money, and no one telling you what to do. You can stay up late even if it’s a school night, and play your music as loud as you want. This is the best time of your life. Getting here was the hard part; living the way you want and retiring your way shouldn’t be.
Regardless of how you choose to spend your time in retirement, you have to start planning ahead of time to be fully prepared. That’s why selecting the right financial advisor is one of the most important decisions you’ll make leading up to retirement. In the end, you have to build a relationship before you can build a solid retirement plan for someone. It’s why we take the time to get to know the people we work with so that we can understand what matters most to them and, most important, help them achieve their goals.
So, whether you define a successful retirement as having a full agenda scheduled, or just taking it day by day, it all comes down to the preparation and planning you do ahead of time. CLICK HERE to take advantage of a complimentary review so you can start preparing, or enhance your current strategy, for your financial future.