Retirement Is A Transition, Not A Destination
Five takeaways:
- This article provides a useful reframe of the idea of retirement and retirement saving.
- Life expectancy has never been higher, and thus retirement is now viewed more as a “reinvention” than a transition to one’s elderly years.
- As important as a financial safety net, is deep consideration of new motivation, activity, and purpose in retirement.
- The article cites author William Bridges, who said that every life transition has “an ending, a ‘neutral period’ or period of ‘unknown,’ and a new beginning.
- The article urges readers to look at their retirement as a new chapter in a life portfolio– one you need to periodically reevaluate as you would a financial portfolio. This means being forward thinking and willing to adjust.
From Dorian Mintzer at Forbes:
Read the whole story.
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