retirement planning

Why we struggle with the transition into a post-career life

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Your retirement years should give you the best opportunities to rekindle old passions and discover new ones. However, research has shown that almost half of the people entering into retirement struggle with transitioning into a post-career life.

Why is this!?

👉 Retirement is more than just finances
Although many pre-retirees are concerned about their finances, money isn't the only thing on their minds. The impact of the non-financial issues like emotional, psychological and social factors plays a big role in your successful retirement.
👉 Retirement is commonly an emotional time

Whether it’s missing the ‘comfort’ of a schedule, losing your identity or a sense of purpose, it’s common for people adjusting to retirement to experience a range of worries and fears.

What’s the solution? Plan ahead and manage your transition well. If you’re not sure where to start, sign up for my Power Up Your Retirement course! You’ll generate insights, gain clarity and create a game plan to discover your best path to a fulfilling retirement. Register now > https://www.powerupyourretirement.com/

5 Tips to Be Prepared for Retirement

Do you desire joy and a sense of purpose? Then the best thing you can do is prepare for the emotional and psychological impacts of your post-career life! Preparing for a purpose-filled retirement is not all about the money. 💸

Here are 5 tips for making your transition a smooth one:

✅ Start thinking about your retirement 1-5 years in advance.
If you’re going to be making big lifestyle changes like moving or travelling, your key to success is thinking it through well in advance.

Succession Planning for Your Business

The COVID-19 outbreak has shown the importance of having a succession plan in place that accounts for unforeseen events. If your business does not already have one in place, there is no better time to do so than now!

Many small businesses are dependent on the owner, which means being capable of retirement or a career transition requires strategic forethought and action built into the structure of an organization. Having a strategy for developing people who can move up when key employees leave is critical to the long term success of a business.

Estate Planning: Power of Attorney

In my three-part Estate Planning series with lawyer, Elizabeth Williamson of Williamson Law, we cover the Last Will and Testament, Power of Attorney and the Health Care Directive.

In this video, Elizabeth explains what is a Power of Attorney; what they can and cannot do, and whether or not everyone needs one.

Free Masterclass - 10 Most Common Fears About Retirement

Are you excited for retirement but have a few fears and concerns? Many people think that retirement is just about getting ready financially. Although many pre-retirees are concerned about their finances, money isn’t the only thing on their minds.

Whether it’s missing the comfort of a schedule, dealing with the loss of work relationships or losing a sense of purpose, it’s common for people approaching retirement to experience a wide range of worries.

Psychological and emotional factors (aka the non-financial stuff) plays a BIG role in a successful retirement. In fact, research has shown that almost half of people entering retirement struggle with the transition into their post-career life.

But it’s not all doom and gloom! You can decrease your concerns and apprehension about retirement by preparing yourself psychologically.

Start by signing up for my free masterclass - 10 Most Common Fears About Retirement - where you’ll learn about these common fears and get tips on how to overcome them.

I want you to be excited about your retirement. Together, let’s start planning for yours!

RBC's Discover and Learn Event

Are you approaching retirement and live in or around Saskatoon? If so, we have a valuable retirement planning session coming up on March 3 designed just for you!

I’m a Results Certified Coach specializing in the transition to retirement and I’m teaming up with Investment Retirement Planner Brian Chau from RBC to deliver a wealth of knowledge on the subject.

With each of us specializing in different aspects of retirement, this is a unique opportunity to gain a holistic perspective as we bring together both the financial and lifestyle considerations for your transition into retirement.

Register now by contacting Cheryl Eckert at (306)-933-3402 or by email: cheryl.eckert@rbc.com

Details:

March 3, 2020 from 7 to 8:15pm

Staybridge Suites

1838 College Drive

Saskatoon, SK

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Celebrating 10 Years in Business

Join me in celebrating! 🎉

This year marks 10 years for me as owner and principal of Redworks Communications and Coaching.

Applying my 20+ years of communication experience doing strategic communications, planning and public relations, media coaching, facilitation, and training in the Saskatchewan market to support my clients through Redworks, has been an extremely gratifying process.

CBC's The Stats of Life on Retirement

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CBC's The Stats of Life did an interesting episode on retirement.

We meet a 72-year-old widow who placed ads seeking like-minded women to form an "intentional community"; an 82-year-old woman who wants to do even more volunteering despite her failing eyesight; and a couple in their 60s who have planned every aspect of their retirement have one more thing to do - talk to their children about their end of life plans.

I would love to hear your thoughts on this episode.

https://tinyurl.com/y2vgyy3v

Handle your retirement like a boss

Handle your retirement like a boss

💃You’ve handled your career like a boss….so why not handle retirement like one too?!💃

You’re a powerful professional woman, and the end of your 9 to 5 days are finally in sight or just a few short years away.

Woohoo! Bring on more time with girlfriends, more time with grandkids and finally writing that novel you’ve had in your head since you were 35. 💆

Retirement, even if it’s still a few short years away for you, is the next step on your journey.

It can instill positive thoughts of relaxation AND some serious feelings of anxiety and uncertainty. 🤔

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