Stages of Retirement - Monday April 25, 2011

Many of us think of retirement as one phase of life when in fact its comprised of many different stages over a 20-40 year period. Some of these stages may include:
starting your retirement,
arrival of grandchildren,
healthcare issues,
caring for spouse or aging parents,
changing accommodations or loss of a spouse.
All of these things can change your experience of retirement and in many cases these are life altering events. It goes to show you that planning for retirement goes beyond just financial concerns. Using a retirement navigator to set your objectives, consider asset use, health risk management and wealth transfer helps prepare you for these retirement realities.