TITLE

Retirement Destinations

AUTHOR(S)
Diliberto, Roy; Anthony, Mitch
PUB. DATE
November 2004
SOURCE
Journal of Financial Planning;Nov2004, Vol. 17 Issue 11, p30
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article discusses how financial planners can help their clients plan for retirement. Often, financial planners and clients discuss retirement as an economic destination, which often results in clients arriving at an economic goal but being homeless in an existential sense--ill at ease with their life and purpose. Financial planners need to begin thinking how they can better help clients get to the heart and soul of the sort of lifestyle they will be content with in their retirement years. This will likely mean adding some creative inquiry into the retirement-discovery process. In his book, The New Retiremen-tality, Mitch suggests asking clients what observations they have made and what lessons they have learned from watching others retire. As it is, many clients do not really know what they want for a lifestyle in retirement. Knowing what they do not want may be the first step but it is important that financial planners do all they can to help clients get a clearer vision of their retirement destination. Financial life planners need to uncover the goals and aspirations of their clients through asking thought-provoking questions in order to better help clients achieved their desired retirement lifestyle.
ACCESSION #
15013653

 

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