5 Bold Questions to Ask Yourself to Shape Your Retirement

Number 1: What do you want to be when you grow up again?

(Image credit: Maria Pavlova)

When talking with clients, I want to help them realize that the old ways of thinking about retirement may no longer be relevant. Studies show that those retiring in their mid-60s today can expect to live to an average age of 85. For my clients in their 40s and 50s, thanks to the ongoing miracles of modern medicine, I tell them to expect to live to 100 or even more. In this way, looking at another 25 to 35 years of life in “retirement” can require a big shift in expectations, goals and quality-of-life decisions, as well as putting pressure on financial advisers to make their nest eggs last that much longer.

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Ian Maxwell, Financial Adviser
Founder & CEO, Reviresco Wealth Advisory

Ian Maxwell is an independent fee-based fiduciary financial adviser and founder and CEO of Reviresco Wealth Advisory. He is passionate about improving quality of life for clients and developing innovative solutions that help people reconsider how to best achieve their financial goals. Maxwell is a graduate of Williams College, a former Officer in the USMC and holds his Series 6, Series 63, Series 65, and CA Life Insurance licenses. Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Reviresco Wealth Advisory and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.