|Still, others love their careers and never intend to retire.
A problem in the financial services industry is we use this term like it’s going to be the same for everyone.
“When work is optional” or “financial freedom” are other expressions that can get to the heart of what is often meant by retirement.
What I’ve found most people are after is the flexibility to live their values as best they see fit.
That could mean spending more today and saving less or it could mean the opposite.
It could mean forgoing “retirement accounts” for more liquid investments.
For most, there will be a point in their lives, whether they choose it or not, where they’ll need to live on assets they’ve accumulated. Understanding what that looks like and how to get there is what is at the heart of financial planning.
Andrew Eppes, RICP®