5 Tips to Be Prepared for Retirement

Do you desire joy and a sense of purpose? Then the best thing you can do is prepare for the emotional and psychological impacts of your post-career life! Preparing for a purpose-filled retirement is not all about the money.

Here are 5 tips for making your transition a smooth one:

    1. Start thinking about your retirement 1-5 years in advance.
      If you’re going to be making big lifestyle changes like moving or travelling, your key to success is thinking it through well in advance.
    2. Think about what you want to do in retirement.
      Getting stuck in default mode makes for an unhappy retirement. This is your chance to pursue your dreams!
    3. Create a plan and set goals
      If you think preparing financially is the only type of planning and goal setting you need to do, think again! Preparing and planning for the emotional and psychological impacts of retirement and your lifestyle is key.
    4. Share your retirement plans with your partner or family.
      If you have a partner, it’s very important to be on the same page when it comes to plans. Share your ideas with your children or trusted friends. Feeling supported is important.
    5. Be aware of the retirement transition process
      It takes time to stabilize when you are discovering a new identity and purpose in life. Give yourself time to develop new routines before you feel grounded in your new way of life.

To be guided and supported in your processes of preparing for retirement, check-out my Power UP Your Retirement Lifestyle Program. It’s an online educational program which includes a high-quality video training series, group coaching, an online community and other educational resources focused on helping you transition into a joy-filled retirement.

Sign up today to generate insights, gain clarity and create a game plan that sets you on your path towards your purpose-filled retirement: www.powerupyourretirement.com

 

Impact of COVID-19 On Your Retirement

Are you a year or two away from retirement and worried about the impact the current pandemic may have on your plans?

Financial stress is real for a lot of people right now, in a lot of different ways. If you are facing the necessity of revising your timeline on retirement plans, how are you coping with this emotionally?

As a Results Certified Coach who specializes in the transition to retirement, I have the tools to support you as you navigate the emotional impact of these changes to your plans. Please reach out by sending me an email at marielle@redworkscoaching.com.

 

Estate Planning: The Health Care Directive

In my three-part Estate Planning series with lawyer, Elizabeth Williamson of Williamson Law, we cover the Last Will and Testament, Power of Attorney and the Health Care Directive.

In this video, Elizabeth explains the purpose of a Health Care Directive (also known as a Living Will) and what to consider when preparing one.

Estate Planning: Power of Attorney

In my three-part Estate Planning series with lawyer, Elizabeth Williamson of Williamson Law, we cover the Last Will and Testament, Power of Attorney and the Health Care Directive.

In this video, Elizabeth explains what is a Power of Attorney; what they can and cannot do, and whether or not everyone needs one.