Wealth Decisions by Brian

Three Critical Readiness Steps for a Successful Retirement


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Takeaways:

  1. A significant majority of Americans, approximately 80%, are committing critical errors in their retirement planning.
  2. The Prudential survey highlights that financial readiness is only one aspect of a successful retirement.
  3. Emotional and social readiness are often overlooked, yet they are essential for a fulfilling retirement.
  4. Individuals must define their retirement number based on personal needs, not arbitrary benchmarks set by others.
  5. To ensure a rewarding retirement, one must cultivate a sense of identity beyond their professional achievements.
  6. Building and maintaining strong social connections is vital for enhancing life satisfaction during retirement.

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Wealth Decisions by BrianBy Brian D Muller (AAMS©) (BFA™)