I ‘retired’ 28 years ago when the company where I was employed as VP, Human Resources was sold.  At the time, the senior management team was obliterated.  I remember thinking, I’m too young (55) to retire, plus I couldn’t afford to ‘just hang up my skates’. As luck would have it, I was able to…

There are various ways to help a client succeed in retirement.  One of the easiest and most rewarding is to regularly discuss the client’s retirement planning.  This means having face-to-face coaching discussions where the emphasis becomes not just talking about money but really gearing the conversation towards what the money is for. Step 1- Getting…

Successful retirees recognize the need to plan for happiness and productivity. They evaluate what’s important and construct actions to satisfy their needs and wants. This also includes finding and participating in a hobby. Hobbies are known to be a great stress reliever as a person does something that they enjoy. Different hobbies can provide different kinds of benefits. For…

Retirement is a time of great change. The adoption of a new life style. being more self-reliant, making decisions on health and wellbeing, and taking on new and different responsibilities. With such changes comes a chance for fear to grow. Fears such as: ” Will I lose my physical or mental health as I age?”…

Gone are the days of rushing to work, fighting traffic, meeting deadlines and working overtime. Retirement is the time to slow down, blow off responsibilities, relax and play. But how will you spend your time? Can you ‘pull off’ total leisure or will you need some other activity such as volunteering or a part-time job?…

Recently I wrote a blog entitled: Transitioning to Life in a Nursing Home.  I outlined the struggles seniors may experience when living in a nursing home.  I also outlined several recommendations outlined in a research article entitled Being a Nursing Home Resident: A Challenge to One’s Identity authored by Maria Riedl, Franco Mantovan and Christa…

I’ve often written about the struggles of getting older, including the association of loneliness, loss of identity and self-image; all common problems when living in a nursing home. Seniors who move into a nursing home may experience different changes which can be stressful – change of social status, feeling of having no place to call…

Over the past several weeks, I’ve listened to people complain about the service they are not receiving from their financial advisors.  The complaints run the gambit from “my advisor isn’t contacting me about what’s happening in the market” to comments like “don’t worry, we’re in for the long term!”  As one 79-year-old said, “I don’t…

If you’re not yet retired, a well-prepared monthly budget provides a clear picture of what your current lifestyle costs.  You and your advisors need this information to determine when you can retire, how long your funds should last, whether you will need to make changes, etc. When you’re retired, setting and adhering to a budget…