When should you start planning for your retirement life?

There isn’t a certain age when you should start planning your retirement lifestyle, it’s really when you reach a particular state of mind.

For instance, do you find yourself getting bored at your job? Are you thinking “there has to be more to life than this?” Do you feel pulled to do something more or different with your skills and talents?

People often begin to feel this way in their 50’s and 60’s. That’s the time to start planning for your 3rd Act.

How will I know if I’m ready to retire?

Consider retirement if you have adhered to a financial plan created with a financial advisor and you feel that there is more you want to do with your life than continue working as you have. It can help you to work with a professional coach to develop a Retirement Lifestyle Plan to make the rest of your life the best of your life!

What is the best way to plan for retirement?

Create a solid Retirement Lifestyle Plan with a professional retirement coach to complement the financial plan you develop with a financial advisor to match your retirement dreams.

What is a Retirement Lifestyle Plan and why should I have one?

Studies show that if you don’t have a plan for your life in retirement, you won’t have a successful
retirement full of meaning and purpose. With a plan, you can make this stage of your life the very best
stage of your life.

Your plan should include 5 key elements.

  • Active Engagement
  • Positive Emotions
  • Relationships
  • Purpose and Meaning
  • Accomplishment

Your plan doesn’t have to be written in concrete. It is important to be able to adjust your plan as you
move further into retirement and your life situation changes.

What does a retirement life coach do?

A retirement life coach guides you in self-reflection and exploration so you can create a plan full of the choices that best serve you as you design your successful retirement. This professional coach helps you achieve your goals and make your 3rd Act the best time of your life.

How will I benefit from working with a Retirement Lifestyle Plan coach?

Hiring a life coach can be a powerful solution to help you solve personal or business issues or attain goals. Working with a coach can help you identify obstacles you encounter and develop a plan that reflects your retirement dreams.

How much should a retirement coach cost?

Experienced coaches usually charge an hourly rate that ranges from $150-$200 per session, but they also may offer package prices.

Why aren’t I enjoying my retirement? I feel isolated and bored. I don’t feel needed or valued. My days just pass by. I feel stuck. How can I make my retirement life more fulfilling?

An expert Retirement Lifestyle Plan coach can help you identify how you can use your time at this stage of life, what you feel you have left undone, and what you’ve always wanted to do, so you can learn to reinvent yourself in retirement.

Who is Patricia Cavanaugh?

Patricia was a practicing licensed psychotherapist in the San Francisco Bay Area for almost 30 years. For the past 20 years, she has worked as a pre-retirement specialist with companies such as PBS, The Federal Reserve Board, the University of California in Berkeley, Ameriprise Financial, Merrill Lynch, and others, to help guide their employees or clients through a step-by-step planning process for their next 20-30 years of life. She’s also helped hundreds of her individual coaching clients build a rich and fulfilling
life in their retirements and truly flourish in their golden years.

Learn more. https://the3rdact.com/meet-patricia/