Mike Milligan explains how retirees without a clear vision of retirement life fall into "Saturday syndrome," spending excessively and losing routine. Planning ahead and establishing concrete goals helps prevent emotional distress and creates a smoother transition from work.
So those soft, non-financial roadblocks really can affect people as they're going from a 40 or a 45-hour workweek job into a time where every day is a Saturday. And so in order to kind of get this shift from working to non-working, you have to have a vision for what retirement is going to look like. And that vision comes with every conversation we have for folks, because if you don't have a vision for retirement, then every day will be a Saturday. And Saturdays are times that you spend the most money, that you lose track of time. And so, retirees, to get rid of some of that emotional baggage, you have to get a vision for retirement and what that is going to look like.
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
