People
are living longer and longer lives, and their lives are more
enjoyable and productive for longer. But we, in our mind's eye, often
get stuck in the perception of frailty, incompetence, and dependence.
We
really misunderstand how long we will live. Four out of ten of us
underestimate our life expectancy by more than five years and an
additional two in ten miss it by two to four years.*
The
reality is that a 70-year-old is more likely to live to 90 than a
60-year-old!
For
those of us who reach 65, half will live beyond 86.4 years!! One of
every ten men reaching 65 will live to 93; one of every ten women
reaching 65 will live to 96!! No wonder so many senior citizens are
saying, “If I had any idea that I would live so long, I would have
planned better.”
WOW!!!
Now
is the time to plan for the future--seriously plan. You can actually
design and create for yourself a second life beyond just working, a
new life of fulfillment and satisfaction, being and doing what you
really want!
What
can you do? Little things can make a big difference.
Create:
- A whole new life in retirement--it's a new set of choices!
- A new career, full-time or part-time.
- A new lifestyle; Clothing, look, daily routine, outlook, friends, hobbies, exercise, etc.
- A new home, city, state, even country!
Health:
One of the biggest expense areas for seniors
- Food: Continue to adjust the quality and quantity the food you eat.
- Exercise: Continue to exercise (2.5 hours brisk exercise/week can add three to five years of life expectancy)
- Sleep: Get enough (probably more than you are getting)
- Stress: Reduce it, have fun
Financial:
- Debt: Reduce, eliminate, don't add
- Fund your future: Utilize 401k (etc.), IRAs, etc.
- Use a financial advisor: studies show you'll double your returns
- Plan ahead: You can always adjust a plan and plan for disasters. It is difficult to adjust to a disaster after it happens
*
"Key Findings and Issues; Longevity: 2011 Risks and Processes
of Retirement Survey Report." Soa.org.
Society of Actuaries, Jun. 2012; Carson, Sharon. "Longevity: How
long is the journey through retirement?" Jpmorganfunds.com.
J.P Morgan, RI/LONGEVITY, Sep. 2013.
Warren's
Perspective:
Wow!!
Shifting my thinking from dying at age 76 or 78 to living to 86.4 and
beyond is a very different experience. That's another 10 years! That
opens up all kinds of opportunities. Retirement is not just
retirement--it's really a whole new life, a whole new set of choices,
an entirely new freedom that we've never had before! It's exciting
and huge.
What
are your perspective and thoughts? Please
share them with us below.
Create
a vision beyond today, and then we can make it a workable achievable
plan. Do it NOW!
We
never charge for our first visit!
Set
a time to get your team aligned and your plan going!
The
rest of your life starts RIGHT
NOW!
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