Retirement and Estate Planning
Don't simply retire from something; have something to retire to.
—Harry Emerson Fosdick
WHEN MOST PEOPLE THINK ABOUT retirement, they think about the end of something. The dictionary defines it as “the removal or withdrawal from service.” When I work with clients to prepare their financial plans, retirement is always one of the biggest areas that people want to get greater insight into and information on. Many of them look at retirement as the end of something, and I encourage them to start looking at it as the start of what they want to do!
Over the years I've seen many people retire from work, and they tend to fall into one of three categories:
Often, in preparing a retirement plan, the hardest question to answer is not, “Do I have enough money?” but, “What ...