Transitioning to retirement goes well beyond building a solid financial plan. The lifestyle and emotional changes that accompany this transition can be the most challenging.
Planning for retirement is more like a marathon than a sprint, so it’s never too early to start. Learn how to take control of the three aspects of retirement so that you’ll be ready for this life-changing event.
The Financial Transition
Do you know what your retirement living and discretionary expenses will be?
Have you tracked your current spending for three months?
Do you understand the transition from accumulating money to spending it?
The Lifestyle Transition
How much time do you spend each week on hobbies or volunteer work?
Do you check your work voicemail on the weekends?
Do you have friends to share with?
The Emotional Transition
Is your spouse/significant other ready to retire?
Are you or your spouse not healthy enough to work anymore?
Printed courtesy of www.manchester-chamber.org – Contact the Greater Manchester Chamber for more information.
54 Hanover Street, Manchester, NH 03101 – (603) 792-4100 – customerservice@manchester-chamber.org