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Get in the Right Mindset for Retirement

Switching your mindset is one of the most challenging things about getting ready for retirement. You’ll no longer be getting a salary. You’ll be living off the money you’ve spent your whole life saving. This change can be hard for people to wrap their heads around, and the recent experiences of inflation and market turmoil have added more anxiety.

So what does this switch in mindset actually mean? It means you’re looking at aspects for your retirement with an eye toward:

  • Results instead of returns
  • Tax efficiency
  • Managing retirement risks
  • Creating sustainable income 
  • Monitoring cashflow

It’s a big change. We understand the anxiety, the questions and the emotions that come with contemplating retirement. Most importantly, we all know things continue to change as life evolves: health, family, disability and a thousand other possibilities. By nature, a good retirement plan is fluid — it should be a living, breathing strategy that is tended to by you and your advisor.

Tom King CFP®, CLU®, AEP® is Registered Principal of King Financial Partners at 222 Blue Course Dr., State College, PA. King Financial is a team of credentialed professionals specializing in retirement, investment management, wealth transfer, and estate planning. Tom can be reached at [email protected] or (814) 234-3300.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. King Financial Partners is not a registered broker/dealer and is independent of Raymond James Financial Services. The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Tom King and not necessarily those of Raymond James.