Retirement should connote a whole new stage of life - the journey from success to significance. 

Aug. 15, 2018 Video

Redefining Retirement


Retirement is the linchpin to a successful wealth plan. All other financial strategies are contingent on it, however the traditional notion of retirement is completely antiquated. It was first introduced in the 1930s at the onset of the social security system. At that time the age of retirement was 65 while the average life expectancy was only 62, so the majority of people didn't even live to see retirement. Think of how different it is today. Now a 65-year-old couple has nearly a 50 percent chance that at least one spouse will live to age 90. 80 years ago, you would be fortunate to have a few brief years in retirement. 

Today we are talking about a span of several decades. Yet despite this massive change, most people still think of retirement in terms of the traditional definition of passivity and withdrawal, and the results are not good. One out of two people say they did not enjoy the first year of retirement. Sometimes it's even more dire. Psychologists say the two most dangerous years are the year you were born and the year you retire. That's why we need to redefine the word retirement. It should connote a whole new stage of life. Instead of retiring from something, think in terms of what you are retiring to. 

Approaching retirement is like coming to a crossroads where you have three options. The first one, the road to the left, is traditional retirement. The average retiree watches 49 hours of TV per week, but the fact is, endless idleness is not on anyone's bucket list. The second option, the road to the right, is dying at your desk, but at the end of life, no one says they wish they had worked more hours or earned just a little more money. The third way is the journey from success to significance. It's about your passions, and values, and forming what your next phase of life will look like. When it comes to retirement, we believe it's no longer just about a return on investments. It's about a return on life.

To learn more, please contact Mariner Wealth Advisors. Helping you navigate your financial future. 

This commentary is limited to the dissemination of general information pertaining to Mariner Wealth Advisor’s investment advisory services and general economic market conditions. The information contained herein is not intended to be personal legal, investment or tax advice or asolicitation to buy or sell any security or engage in a particular investment strategy. Nothing herein should be relied upon as such. The views expressed are for commentary purposes only and do not take into account any individual personal, financial, or tax considerations. There is no guarantee that any claims made will come to pass.

Mariner, LLC dba Mariner Wealth Advisors (“MWA”) is an SEC registered adviser with its principal place of business in the State of Kansas. Registration of an investment adviser does not imply a certain level of skill or training. MWA is in compliance with the current notice filing requirements imposed upon registered investment advisers by those states in which MWA maintains clients. MWA may only transact business in those states in which it is notice filed, or qualifies for an exemption or exclusion from notice filing requirements. Any subsequent, direct communication by MWA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For additional information about MWA, including fees and services, please contact MWA or refer to the Investment Adviser Public Disclosure website. Please read the disclosure statement carefully before you invest or send money.