The next day, the couple called back and decided the wife would retire on Monday. Her husband’s retirement date is back to 18 months instead of 27. In short, he quickly saw how his focus on one single financial well was stealing water from his relationships and ability to enjoy what he had already worked for.
Examples like these are important because it’s crucial that we, as an industry, do not sit by and let clients get dehydrated because they’re digging this perfect financial well. Advisors who understand the comprehensive nature of the marathon called retirement can help clients identify key watering stations to not only replenish on their way to the finish line but also after the race as well.
Robert Laura is president of SYNERGOS Financial Group, founder of RetirementProject.org, creator of the Retirement Wellness Report and DividendPaycheck.org. He can be reached at [email protected].