6 Habits of Happy Retirees
6 habits of happy retirees.
BLUF (Bottom Line Up Front):
I used to think this job was all about investments, rates of return, market volatility etc…Its not. In a decade of helping people get into (and more importantly stay) in retirement I have noticed some common things my happiest retirees do like:
- Eliminate the unexpected
- Focus on their health
- Outsource
You can skip my pontifications if you like to the 📽️👇.
I have conversations every day with people at every stage of their financial lives.
Encouraging young savers to forego that cup of coffee and invest the $14 it costs to get time and compounding interest on their side.
Talking my near-retirees through market ups (ok, mostly the downs.)
Checking in with my retirees about that stage of life that they worked, saved, and invested to reach.
Over hundreds of conversations I have discovered that the things people talk about change.
Younger investors are focused on the money, an “escape hatch”, and planning for growth, tax efficiency, and individual investments. But underneath those conversations I pick out that what they are really worried about is:
“Am I doing the right thing”
“Am I on track”
“I am so busy I don’t have time for this (or know what I am doing)”
When I talk to my clients who are kicked back on a beach or visiting their grand kids on vacation I have discovered that the conversation has shifted from the dollars and cents. Given the right tools, I have very few clients who live the retired life they want knowing the money will be there.
In talking to retirees all the time (getting a glimpse into where I will hopefully be…one day…) I like to find out some common themes around what makes the retired people happy. I have noticed 6 things happy retirees have in common 📽️👇.
The basic theme among the most successful retirees are things that
- Free up time
- Free up head space
- Decrease worry
- Increase confidence
Watch the video below to learn about these habits and try and incorporate them into your overall financial plan.
