The 4 Stages of Retirement, Ep # 250

Published: June 27, 2022, 8 a.m.

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It\\u2019s no secret that we\\u2019re living longer than ever. People are living so long that we may soon be seeing 6 generations in a single-family.\\xa0

With people living such a long time it makes retirement planning even more challenging than ever before. Understanding the 4 stages of retirement can help understand the different approaches to money management in each stage. Listen in to learn the 4 stages of retirement and how they can help you plan your retirement.\\xa0

Outline of This Episode

  • [1:42] There may soon be 6 generations in a single family
  • [2:52] You may be in the anticipation stage of retirement
  • [4:23] The reinvention stage is perhaps the most challenging stage
  • [6:52] The reflection stage leads to thoughts on legacy
  • [9:49] Renting vs. owning in retirement

Resources & People Mentioned

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