3 Things You Shouldn't Do During Retirement Anymore

When we retire, we bring with us a plethora of essential assets, experiences, and objectives. However, we may bring some destructive behaviors that we should leave behind. 

As the saying goes, bad habits die hard, and this is true partly because there is no one-size-fits-all remedy. One method is to become more conscious of these negative tendencies so that you can devise a strategy to combat them.

1. Avoiding doctor visits

Many people delay routine health exams in order to save money or to avoid receiving bad news. Men are frequently the worst offenders, as a 2022 Cleveland Clinic poll of 1,000 American men found that 55% do not receive regular health checks. 

2. Procrastination

Retirement necessitates essential considerations. Delaying decisions, such as writing a will, might lead to issues. According to the 2023 Wills and Estate Planning Study, more than half of Americans over the age of 55 do not have one. As time passes, the window of opportunity to act shrinks.

3. Being careless with cybersecurity

If your preferred password is "password," you are not alone. It's one of the most often-used passwords on the planet. However, this makes you a prime target. Retirement is not the time to ignore cyber security, as one AARP study indicates that $28.3 billion is lost each year to senior fraud scams.

Matthew Copley

Matthew Copley throughout his career with various financial institutions has specialized in helping retirees and pre-retirees plan for and navigate their retirement. He believes you would be hard pressed to find a financial advisor in the greater San Diego area that is more passionate about maximizing retirement income while reducing taxes.

He is a financial advisor that enjoys helping people and it shows in the fact that he has conducted hundreds of educational workshops over the years. These workshops cover various retirement planning topics including “How To Maximize Social Security Benefits”, and “Understanding the Different Types of Annuities”, just to name a few. He loves to help people with their finances.

https://www.financialplannersandiego.com/matthew-copley
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