HCR Wealth Advisors was established in Los Angeles, California back in 1988. For more than 25 years, the corporation has been striving to provide innovation in its line of work and help clients achieve their financial goals. The business offers financial advisory services on topics such as inheritance, marriage, divorce, starting or selling a business, loss of a loved one, as well as a sudden and significant influx of assets, and retirement. HCR Wealth Advisors is also focused on providing education on financial matters, one of the latest topics being retirement.
The topic of “new retirement” explores many aspects of retirement that have not been appropriately addressed before. Those include the loss of identity that many experiences at the start of moving on from their job. The complete change in fixed schedule can be very tough on people and limit their physical and intellectual stimulation day to day. If such issues are not appropriately addressed, people can develop fatigue, depression, poor health and experience low self-esteem, and inadequacy. Retirement is a permanent change in one’s life and the transition can be tricky.
Planning for retirement usually occupies 15 to 20 years of one’s life. It is predominantly financial planning but there is a lot more to retirement planning than that. This transition is, at its core, retiring from something and to something else. Most people do not give much thought to how they are going to fill their days past the “do whatever I want” stage. That can have a substantial adverse impact on their life later on.
Some of the retirement aspects that every person has to think about include relationship dynamics, personal development, wellness, leisure, and lifestyle. While some people view retirement as an ending, the topic of “new retirement” explores it as a beginning. This “new retirement” is in the process of becoming the normal retirement. Both experts and the public are discussing it as the future of retirement.
Get additional facts about retirement on this website: https://www.nasdaq.com/
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