Creating a happy retirement
Creating a happy retirement: Your financial life
Once you have a clear vision for what you want your retirement life to look like, it's easier to plan financially to make it a reality. It can be helpful to work with a financial planner to develop a plan that will match your vision. "Today, people can live 30-plus years in retirement," Barzideh says. "Often, people only plan for that first decade of retirement and don't do the necessary planning for the second or third decade. A financial planner can help you develop a financial plan, and also help you stay on that plan and manage your investments in accordance to the plan and your objectives to make sure your money lasts as long as you do."
When seeking help, look for "an objective adviser who can test your plan, help you find out more about yourself and what your own priorities are," Siman says. "Get an adviser to help you through this transition, someone who does not have another agenda, like product sales, but who just wants to facilitate you creating that new vision. We're out there."
Achieving retirement success
Whether your retirement plans involve a part-time job or full-time leisure, be sure to think through the details to ensure your dreams come true.