What’s the best age to retire at?
How do you know when it’s the right time to retire?
We often spend a lot of time pondering those questions.
And we tend to confine our thinking to the financial side of things.1
How much do we need to retire and how far will our money go in retirement?
Answers to those questions are important.
But they aren’t the only things we need to consider if we want maximum fulfillment in retirement.
We also need to think about our psychological needs, especially when it comes to how we transition into retirement and how we spend our time as retirees.
Conventional thinking frames retirement as an all-in or all-out venture. But that is not always the best approach. And it doesn’t help you figure out how to spend your time in meaningful ways when you do retire.
Thinking outside the box and considering some creative alternatives to traditional retirement can help. That’s the focus of this month’s Visual Insights Newsletter.
There are no hard-and-fast rules about what you can do in retirement or how you have to approach it.
When you know the alternatives and explore more options than just the conventional route, you may discover new and better ways to enjoy your time and stay connected to what matters most when you do retire.2
That can bring you much deeper satisfaction and joy during your golden years.2
Securities Regulations: According to industry regulations, we cannot accept orders to execute trades via voice-mail, e-mail or fax. In addition, by corporate policy, we cannot accept time-sensitive information via e-mail or fax. If you would like to execute a trade, or if you have time-sensitive information, please call the office. In the event that you are unable to reach our office please call TD Ameritrade at 800-431-3500. Confidentiality Notice: The information contained in this e-mail message is being transmitted to and is intended for the use of only the individual(s) to whom it is addressed. If the reader of this message is not the intended recipient, you are hereby advised that any dissemination, distribution or copying of this message is strictly prohibited. If you have received this message in error, please immediately delete.
P.S. What part of retired life are you most excited about? What is the first or next big thing you will do in retirement? Hit “reply” and tell me. I’d love to hear about your plans for enjoying retired life.
1https://www.ebri.org/docs/default-source/rcs/2020-rcs/rcs_20-fs-2.pdf?sfvrsn=ffbc3d2f_8