Are You Ready for Retirement?

Radon explains how POM Wealth focuses on helping people prepare for retirement in terms of financial and lifestyle planning. They work to help their clients make the plan they need and get into the mindset required to really be "retired".

Financial preparation is fairly straightforward, and provided by most financial planners, to make sure that the funds are in place to allow retirement (remember that this is when you start to SPEND the money you've been SAVING all these years!)

Lifestyle preparation is a big part of retirement; there are cycles to retirement and not everyone is prepared for them:

1. Year 1 is busy, getting everything sorted out, so there's not too much time to worry about "what you're going to do in retirement";
2. Years 2-5 are fun, with the expected/anticipated activities (golf, travel, grandkids, etc) and life is good!
3. After about year 5, things start to settle down as a rhythm is developed and people start needing "something" to do; this is the stage when a passion project might come into the picture - something that you always thought you'd like to do but it wasn't a feasible income-producing activity, so it got put by the wayside. NOW is the time to pull those out of the closet!

Radon and POM Wealth Management will help you get some of your ideas down on paper, so you have the framework for the activities you'll be doing in retirement.

To help people prepare for retirement, Radon offers a FREE 4-part video course on their website. Check it out here: https://pomwealth.net/blog

Radon can be reached through his website, https://pomwealth.net/

Email: radon@pomwealth.net

Phone: 919-787-8866

Or on social media:

Twitter: @rnstancil

Facebook: radon.stancil

Instagram: radonstancilcfp

LinkedIn: in/radonstancil/