5 Things to Do When You Retire 

November 19, 2019

 During my tenure as a Financial Advisor, I have had the privilege of seeing many clients enter into retirement. It has been interesting to hear them share their stories of what now occupies their time and the joys and pains that come with that. We would hope before you considered retirement, you would have established a relationship with a Financial Advisor that could help you navigate this transition long before your ship sails. A huge key to a successful retirement is understanding your financial constraints and developing a plan. I tend to view a plan only as good as you are able to stay on the course. As with any circumstance- life, family, health, market conditions- your retirement is a living, breathing engagement that does not need to be put on auto-pilot, but needs consistent engagement. If you are someone on my team will be happy to discuss with you options and offer our thoughts and recommendations.

5 Things to Do When You Retire:

1. Notify your Financial Advisor to ensure you have a plan in place to start drawing from your portfolio if needed. Understanding your expense “needs” and “wants” will help you determine an income and draw down your pool of assets could ultimately provide you with confidence.

    

 2. Get a Passport. Now that you are retired and have all this “free” time, you can take advantage of last minute and off season deals. Great economical getaways can be found on Groupon! I personally purchased a trip to Ireland through Groupon and had a great experience. Like to cruise? There are always last minute cruise deals to be found for someone that has flexible time

3. Serve in areas that you are passionate about! When you retire, you can have the perception that you are busier now than when you were working full time. Fill your day with productive things you care about. Don’t fall into the trap of saying “Yes” to every family member and sign-up sheet!

    We work all our lives so we can retire- so we can do what we want with our time- and the way we define or spend our time defines who we are and what we value.”    -Bruce Linton, Fatherhood: The Journey from Man to Dad

4. Join a gym! Maintaining physical fitness is key to living a healthy retirement. Check with your Medicare supplement as they will most likely pay for your gym membership, or specific classes geared toward seniors.

5. Make a list of to do items that you would like to accomplish- whether that is around your home or activities you would like to be a part of. Start marking off those bucket list items you put off accomplishing until retirement.

Remember, your retirement must be flexible to face life’s challenges as they arise! Engage with an Advisor that can manage your financials so you can get busy enjoying everything else you decide you want to do!

Cindy Little
Financial Advisor
Capital Investment Services

Any opinions are those of Cindy Little and not necessarily those of Raymond James.
This material is being provided for information purposes only.

 Papa Charlie’s Soup

 Great vegetable beef soup for a cold day!

To make a regular 8 quart pot:

Fill your pot ¾ full with beef broth (depending on pot size, this may be 5 boxes of beef broth) or you can use water and beef bouillon cubes as directed)
Add one stick of butter and bring to a boil.
As you finish each of the following ingredients, add them to the boiling water:
1.5 pounds of lean ground beef, browned and drained of any fat
1 yellow onion, peeled and chopped fine
Bag of regular carrots, washed, peeled and diced
6 red potatoes, washed and sliced small (I keep the peeling on )
1 can cut green beans, drained
Add Nature’s Seasoning, salt and pepper to taste.
Boil the soup until potatoes and carrots are done, then reduce heat to simmer until ready to serve. This dish is always better the day after, so the longer you let it set, the better it will be! 

As with any southern recipe, you “eyeball” a lot. If your family likes less potatoes and more carrots, then alter accordingly. This soup is really a good standard to add whatever vegetables you like to eat!

I usually serve this soup with grilled cheese sandwiches for a well-rounded delicious meal!

Enjoy!! 

Recipe Credit: Beth Hand in loving memory of her father, Charlie