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Do you have a map to navigate your retirement?
In this Kiplinger article by investment advisor Michael Ladin, the author opines that “Retirement isn’t the finish line; it’s the starting line for a whole new way of life. One without a paycheck.” In fact, retirement is a whole new world - actually there are 5 new worlds - that someone planning for their retirement must navigate, each with their own pitfalls and challenges. Effective planning takes into account the switch from accumulation of assets to preservation of them, and considers whether you wish to leave a legacy for your heirs, or simply stay comfortable in retirement. Effective planning is how you meet your goals, whatever they might be. Click here to read the Kiplinger article on transitioning to retirement.
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