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Beachwalker, the rockin\\u2019 retirement coach is in the house today. He joins us once a month on the show to give some helpful tips on how to create an awesome retirement. Today we\\u2019re talking about attitude. Attitude makes a huge impact on your retirement, your health, and even your longevity. Listen in to hear how a positive attitude can affect your life and stick around for the Q & A segment to hear the answers to questions you didn\\u2019t even know you had.\\xa0
It\\u2019s a huge component of rocking retirement. Attitude is an important determinant of the quality of your life now and it will be so even more in retirement. The definition of attitude is a settled feeling about someone or something that is reflected in behavior. So what comes first the chicken or the egg - a great retirement or a positive attitude? What do you think?
People are living so much longer than they used to. 80 is the new 60. With this newfound longevity, it\\u2019s important to create a positive mindset. You can\\u2019t let every ache and pain get you down, find a way to deal with that so you can move on and make the best of your life. Studies have shown that a positive attitude impacts your balance, your mental health, and even your longevity. Aging is inevitable, being old is a choice.\\xa0
If you are young and accumulating your savings, target-date funds are totally fine (even though I like allocation funds better). And robo advisors are able to put your portfolio on autopilot by automatically rebalancing whenever you need it. But these tools are not set up for managing your assets in or nearing retirement. In retirement, they can lead you astray since they are not geared for distribution.\\xa0
Choosing between taking a pension or a lump sum is a tough call. There are many factors to consider. One factor you should think about is what other assets do you have? A pension offers flexibility if you have other assets in place. But if you are underfunded for retirement taking a lump sum would create investment risk at a time when you need to have guaranteed income sources. When planning for retirement, I like to first create a process, then a strategy, and lastly, I choose the tactics to use. You can create your own model at home using your own process, strategy, and tactics. Try modeling both choices and see where you end up.\\xa0
BOOK - Younger Next Year by Dr. Henry Lodge
Roger\\u2019s YouTube Channel - Roger That
BOOK - Rock Retirement \\xa0by Roger Whitney
Roger\\u2019s Retirement Learning Center
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