Money and Success

The New Retirement

Robert Margetic

The New Retirement – Stability and Predictability

You may be willing to pay a premium for stability and predictability in volatile times. But, how much and what are you willing to give up? Sometimes people over-correct. With the fear of loss overriding sensibility poor decisions can be made. Dave Boike, ChFC, CLU,RFC and author of High Tide: A Practical Guide for Affluent Retirees explains the importance of balancing the desire for safety with the need for growth. As we get older friends and co-workers may move on. One challenge in retirement is to stay socially engaged. This provides a sense of stability and predictability to your social life. Cathy Cress, MSW, shares the importance of staying connected with your siblings. It’s even been shown that siblings can help you live longer.