PFP2321. Soft Side of Retirement

Retirement planning is more than just building a nest egg. This presentation introduces the three pillars of life satisfaction in retirement – relationships, health and money. I discuss the research on building a more satisfying retirement including the importance of social spending, which relationships matter the most, the impact of health, trends in longevity, and the psychological and economic challenges we face managing our savings to fund a lifestyle. By understanding research on spending, improvements in lifespans, cognitive and physical changes, predictors of well-being, and retirement income, advisor can help clients build a more satisfying and fulfilling retirement.

Learning Objectives:

• Understand predictors of life satisfaction in retirement.
• Evaluate scientific understanding of physical and cognitive changes through retirement.
• Recognize how health, money, and relationships interact when creating a more effective plan for retirement.