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1 - Clarifying Your Vision
By Barry LaValley
Someone once said that “if you don’t know where you are going, how will you know when you get there?” Before you do anything, you want to think about what it is that you really want to accomplish in this new life stage.
Most people plan retirement in a series of ‘episodes’ they would like to have happen—the places they will go, the things they will do. That’s okay, but there are some other issues that will occur along the way that you want to consider as you create your vision for the future. |
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2 - The Principles Of Healthy Aging
By Barry LaValley
I am always amazed when I hear retirement plans that do not consider the possibility that health may become an issue. After all, we are getting older and there are things along the way that may affect how we live our retirement lives.
Retirement isn’t one long life stage. In fact, it is a multi-staged journey that will see many transitions both for you and your loved ones. While you can’t always plan ahead when it comes to health, there are some things that you can do to practice the principles of healthy aging. |
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3 - Rethinking Work
By Barry LaValley
Work doesn’t have to be negative and it also doesn’t have to be forty hours a week for a paycheck. In retirement, work is anything you do that uses your time, energy and experience in a positive manner. By that definition, volunteering your time could still be considered work. |
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4 - Strengthening Your Relationships
By Barry LaValley
Successful retirees generally have strong social relationships. In fact, it will be the depth of your relationships that will dictate much of your life happiness in later years. |
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5 - Getting The Most Out Of Leisure
By Barry LaValley
I find a number of retirees simply fill in time with mind-numbing activities. That's a personal choice, but it may not go a long way towards longevity. Similarly, other retirees focus on doing one particular activity every day or embarking on one cruise after another. Again, your choice entirely but wouldn't you get more out of retirement if you tried the balanced approach to leisure? |
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6 - Making Your Home Just Right
By Barry LaValley
Your accommodation needs may change over time and some flexibility in your thinking might be called for. As you move through the various life stages, those stairs in your home or the grass that you have to cut in the back yard may become a chore that takes away from your life enjoyment. |
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7 - Feeling Comfortable About Your Money
By Barry LaValley
The final life area to consider in retirement is the role that your financial resources will play. Each financial plan will be unique, but the key here is to make sure that you have considered the earlier life-transition elements that we discussed above before you develop your financial plan with your advisor. |
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