HCR Wealth Advisors Believes New Retirement Has Superlative Opportunities for Creating a Well-Balanced Future

Typically, the retirement process begins with a person putting a great emphasis on finances. As retirement nears, a person may also plan to reduce their debt load, restructure certain assets, or even downsize to bring their lifestyle in line with the future. However, through all the planning, there is rarely an emphasis placed on the emotional and psychological side of retirement. It’s critical that retirement planning take those matters into consideration in order to produce a well-balanced future.

The “New Retirement” takes these matters into consideration and explores the complexities of the transition from the workplace to the freedom of retirement. Through exploring challenges such as loss of identity, workplace structure, and social advantages, there is empowerment. There is also an examination of adjusting the aspects of family and personal life, as a person adjusts to retirement.

Although retirement is seen as a life of freedom and independence, there can often be times of boredom, frustration, fatigue, depression and even a decrease in health conditions. HCR Wealth Advisors has its share of clients who have been lacking in a plan of uncertainty for non-financial matters, but stable in their financial portfolio. The registered investment advisory firm recommends a comprehensive approach towards retirement that embodies all elements and factors that are part of everyday life.

As mentioned in a post from analystoffinance.com, with a focus on “New Retirement,” people can make informed decisions that are not based on fear or lack of empowerment. The process is a continuum of tweaking the results desired, as life continues to unfold. According to HCR Wealth Advisors, people will spend 15 to 20 years planning retirement, but they don’t spend the quality time to deep dive into matters that affect their quality of life, far more than finances. The firm suggests having a Plan B and a level of expectations that there will always be a need to fine-tune retirement. With more than 10,000 people retiring every day, and with a life expectancy for some of 30 years beyond retirement, many people could spend more time in retirement than they have in their primary career.

HCR Wealth Advisors believes that a good comprehensive plan includes assessing transitions and changes, personal development changes, relationship matters, living conditions, and personal well-being. The “New Retirement” has the potential for being a brand new beginning in life and starts with creating an all-inclusive plan. Check out these jobs at HCR Wealth.

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