Purpose-driven retirement needs a financial strategy
Wed, 10/07/2020 - 12:00am
Today’s retirees, and those of tomorrow, have had a sense of purpose their entire lives – and they don’t intend to give it up just because they’ll no longer be working full time. In fact, 55% of recent retirees said retirement is the time for “a new chapter in life,” compared with just 22% who said it was “a time for rest and relaxation,” according to the 2020 Edward Jones/Age Wave Four Pillars of the New Retirement study. And the same study found that 95% of retirees said it was important to keep learning and growing at every age. But however they find their purpose – contributing to the community, growing intellectually, gaining new experiences and so on – retirees will need to be financially prepared.
