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Remaining ‘Status Quo’ In Retirement – Good Idea or Bad Idea?
“Status Quo” is a term that is often thrown around for a variety of things. At its core definition, it means “the existing condition or state of affairs.” We commonly use it as a phrase to insinuate that we are just going to keep things the same or choose not to change the methodology in which we have always done something. And while this is fine in terms of the route you take to work or church, or the daily routine you have when you wake up in the morning, you better think twice about remaining status quo when it comes to your investment philosophy when you leave the workforce and enter retirement.
It is hard to make a change, specifically with something you have been doing the same way for what seems a lifetime. However, retirees beware…failing to change your thinking and your methodologies when entering retirement could prove to be a big, big problem for you.
Tune in to Income For Life Radio this week as we discuss the four key areas of Remaining ‘Status Quo’ In Retirement – Good Idea or Bad Idea? If you miss the live show, keep checking in online at Income For life Radio for the updated podcast.
Find The Best Annuity Rates in Chicago — With Our Help
Our goal at Income For Life is to help you find a retirement strategy that will last you for the long-term. We want you to feel safe to retire and to live comfortably while in retirement. That’s why we can help you find the best annuity rates in Chicago if you’re interested in purchasing an annuity. If annuities aren’t your thing, we can help you with a different retirement income plan.
No matter what, though, you can trust our team of financial advisers to find you the best retirement solution for your financial situation.
Matt Nelson, president and host of Income For Life Radio
Income For Life LLC