The old saying 'money can't buy happiness' is not necessarily true. My contention is that money can absolutely contribute to a higher quality of life, which in turn can contribute to a higher level of happiness. And at no time in our lives is this more important than retirement, because it's unlikely most of us will be able to increase our income by going back to work in our 70's or 80's.
Whether you're approaching retirement, or have been retired for many years, income is crucial to your financial security, and even to your very health. Many studies have shown insufficient income during our working years, but particularly during retirement, can cause worry and insecurity in our day to day living, which can lead to ill health over time.
I hope the following will give you some ideas about how you can increase your retirement income, enhance your quality of life, and contribute to your happiness now, and in the future. So without further ado, here they are.
Just diversify across asset classes and you'll be protected from all potential harm. Or so the story goes from Wall Street, and the many Wall Street minions across the brokerage world.
Just buy a smattering of stocks and/or mutual funds, hold for the long term, and all will be right with the world, and your financial security.
Everywhere I turn it seems the same old story continues. Diversification, Buy and Hold, Modern Portfolio Theory, the beat goes on and on.
LifePlan Advisors, Inc.
A Registered Investment Advisory Firm
130 Crooked Pine Rd.
Port Orange, FL 32128
Toll Free: 1-888-320-9624
Local: (386) 236-9681
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