Top 5 Financial and Non-Financial Planning Concerns for Retirees: A Recap

Top 5 Financial and Non-Financial Planning Concerns for Retirees: A Recap

Over the past few months, I have had a series of articles on the key financial and non-financial concerns of folks entering into retirement or getting settled in their retirement years. A key point in the series is that not everyone has all of the concerns, but many folks have some – or many – of them, so you are not alone on this journey.

And a second key point is that not all of the concerns have anything to do with your financial situation. People who should not have any money worries may still find themselves anxious about whether they do, or should, have such worries. And others may hesitate to spend money on things that would bring them enjoyment now due to concerns about what might happen down the road. And then there are real concerns about lifestyle changes, health issues, legacy planning, etc.

In the spirit of the annual awards season such as the Emmys, Grammys, and Oscars, which make us think about what happened in the past year in TV, music, and the movies, I invite you to revisit the series (or read them for the first time if you missed out) and see if there is anything that resonates with you.

Here are the topics and the links to the Cape Gazette articles for you.

Top 5 Financial Planning Concerns for Retirees:

1. Longevity Risk. https://admin.capegazette.com/affiliate-post/top-5-financial-planning-concerns-retirees-1-longevity-risk/298228
2.  Healthcare and Long-Term Care Costs. https://admin.capegazette.com/affiliate-post/top-5-financial-planning-concerns-retirees-2-healthcare-and-long-term-care-cos/298315
3.  Tax Issues in Retirement. https://www.capegazette.com/affiliate-post/top-5-financial-planning-concerns-retirees-3-tax-issues-retirement-are-differe/298383
4.  Inflation and Stock Market Volatility Risks. https://www.capegazette.com/affiliate-post/top-5-financial-planning-concerns-retirees-4-inflation-and-stock-market-volati/298542
5.  Estate and Legacy Planning. https://www.capegazette.com/affiliate-post/top-5-financial-planning-concerns-retirees-5-estate-and-legacy-planning/298758

 Top 5 Non-Financial Planning Concerns for Retirees:

1. Loss of Purpose and Identity. https://www.capegazette.com/affiliate-post/top-5-non-financial-planning-concerns-retirees-1-loss-purpose-and-identity/298920
2. Social Isolation and Changing Relationships. https://www.capegazette.com/affiliate-post/top-5-non-financial-planning-concerns-retirees-2-social-isolation-and-changing/299085
3. Health and Lifestyle Maintenance. https://www.capegazette.com/affiliate-post/top-5-non-financial-planning-concerns-retirees-3-health-and-lifestyle-maintena/299467
4.  Adapting to Major Life Transitions. https://www.capegazette.com/affiliate-post/top-5-non-financial-planning-concerns-retirees-4-adapting-major-life-transitio/299620
5.  Family and Intergenerational Concerns. https://www.capegazette.com/affiliate-post/top-5-non-financial-planning-concerns-retirees-5-family-and-intergenerational-/299937

 To address your own concerns on these issues, you might benefit from some professional assistance, whether it is a health/mental health professional, a tax professional, an attorney, or someone like me, a specialized retirement-focused, fiduciary, fee-only financial advisor. You can learn more about what I can do for you by visiting our website at www.SafeHarbor.financial where you will find information about our cash flow approach to retirement planning, the value of using a Retirement Success Advocate, and a list of our standard projects and fees. Or you can call Safe Harbor at 302-313-6644 or email us at info@safeharborfinancialadvisors.com for an initial no-cost, no-obligation assessment meeting.