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Missed Fortune – A Common Baby Boomer Blunder

Posted on | January 16, 2009

Activities such as cultivating hobbies, visiting the grandchildren, or working part-time are among the rewards of retirement.

Wouldn’t it be better to do the things you want to do sooner, rather than later?

I have watched a lot of clients who spend so much of their lives scrimping and saving so that when they arrive at retirement, they have a hard time letting loose and spending it.

Whatever their dreams were, they continue to harbor a conservative attitude when they retire.  They are afraid they won’t have enough.  They feel guilty about spending and enjoying what they earned.

Or they finally reach retirement but have lost their good health and can’t do the things they promised themselves.

Keep in mind that as you get older, you may lose the energy or the desire to go globetrotting and doing all the other things on your list.  I am big on stopping to smell the roses along the way.

Doug Andrew

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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