You are in control of your own attitude and happiness. We personally cannot make you happy but we can help you to face your fear of money. If you have no fear of money you will have less stress which means you should be happier. Happiness comes from within. Over the years, we have helped numerous people find happiness with their money and with their life. Here are a few key things we have found that help people find happiness in retirement.
- Focus on basic needs. Figure out how much you need at a minimum to make it month to month. Look at your income, assets and opportunities to see how you can have this cash flow available to you every month. Then this way life is less stressful. If you want extras or to travel then you can work part-time or pull income from your other investments.
- Set goals. Look at your family. You have spent years working and away from your family so look at your money situation and determine if you should have a staycation or an actual vacation. Maybe you love water so it is taking money and buying a boat that you always wanted to enjoy with your family. It’s not the stuff that matters; it’s the people you surround yourself with.
- Follow your passion. Retirement today is different than it was years ago. It is important to follow your passion and love what you do. I believe if you love what you do the money will follow. Make sure to figure out now if you are on track for your retirement. A Financial Advisor can help you to figure out how much you need to put away each month in order to meet your retirement goals.
Your retirement is about being happy and enjoying your life. Make sure you take the necessary steps to help ensure that this becomes true for you.
The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Nicole Middendorf and not necessarily those of Raymond James.