If there’s one thing we’ve noticed over the years, it’s that many people spend a lot of time educating themselves on the financial aspects of retirement, but when they finally get there, there’s this sense of, “Great! I’m here. Now what?”
Many retirees experience periods of boredom, feeling disconnected or even purposeless in retirement. That’s why it’s so important to think about what you’re retiring to, not just what you’re retiring from.
In our conversation, we discuss the importance of creating daily routines, finding new hobbies, and staying connected with a community as critical parts of a fulfilling and purposeful retirement in the next chapter of your life—when every day feels like a Saturday.
KEY TAKEAWAYS
- When Retirement Sinks In, What Now?
- Without a Daily Routine, Life Can Feel Aimless
- The Mindset of Retiring Towards Something, Not From
- It’s Okay to Take Time Off, But Routines Are Good
INSPIRING QUOTE
- “ I tell people you have to think a little bit less about what you’re retiring from. You have to think a little bit about what you’re retiring towards.” – Mike Panico
- “Your routine, your habits, what you put on the calendar, that’s now entirely up to you, but do something, get something out there for yourself so you have an itinerary to follow.” – Mike Panico
- “Retirement is a lot like planning for a vacation. There’s this loss when you actually go on the vacation because so much of your identity was about planning for this huge trip. And then you get there and you’re like, ‘I don’t know what to do now.’” – Jessica Panico
DISCLOSURE
Arcadia Wealth Management, LLC (Arcadia) is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). The information presented in this video is for educational and informational purposes only and is intended for a broad, general audience. It is not intended as, and should not be construed as, an offer, solicitation, or recommendation to buy or sell any securities or to adopt any investment strategy. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. Any references to investment strategies, philosophies, or client experiences are illustrative and may not be representative of all clients or outcomes.
Arcadia Financial has a reasonable basis to believe that this content does not include any false or materially misleading statements and presents information in a fair and balanced manner. No portion of this communication should be construed as tax, legal, or accounting advice. Please consult your own tax or legal professional for guidance specific to your situation.
Investment advisory services are provided through Arcadia Wealth Management, LLC, an SEC-registered investment adviser. Insurance products and services are offered through Arcadia Financial Group, LLC, by appropriately licensed agents. Bookkeeping and tax preparation services are provided by Arcadia Tax, LLC. These affiliated entities operate independently but are under common ownership.
