I was recently asked by an industry writer for "not so common" recommendations for retirement planning. I typed in "retirement planning recommendations" on Google and found the 10 commandments, seven rules and five steps of retirement planning, as well as a million other sites telling us the basics.
Why do people need to hear the basics time and time again? Because retirement planning is equally a mental and behavioral shift as it is a financial shift. We host two presentations specifically geared toward retirement planning. The first is big-picture planning for those who are just starting to think about retirement. The second is for those who have a tentative date in mind, and it dives into the weeds of retirement planning. Both presentations are open to everyone, not just potential clients, because baby boomers need to get their acts together, if they hope to not outlive their money.
The three tips I will share here go a little off the beaten path and dig a little deeper into some of my common recommendations for folks gearing up toward retirement.
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The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.