You would not be the first, nor the last person to happily (and perhaps naively) jump into retirement without a concrete plan only to find themselves a bit bored 6 months in. When I meet with my retirement clients, I often craft a customized Retirement Adventure Quiz to get the retirement planning conversation started.
This Retirement Adventure Quiz is a good tool for retirement planning. I ask my clients the pertinent questions that help them choose paths that avoid triggering stress and can become a guide for finding purpose and fulfillment.
Example - Loretta's Retirement Perceptions Quiz
1. On your retirement cruise, you’re left stranded on a deserted island. This is a big relief because you no longer have to deal with: A. Family member(s) B. Friend/relationship C. Money D. A specific commitment E. An impending decision you've been hesitant to make
2. A local organization is in desperate need of help. You're touched and call to offer one of the following items. Which one are you most likely to provide? A. Money, food, and clothing B. Knowledge and other informative resources C. Personal skill D. Physical labor
3. To claim a $10,000 prize, you must do one of the following. Which would you avoid at all costs? A. Eat vegan for an entire year B. Run a half-marathon C. Step onto a scale, in your swimsuit, on national television D. Reveal an unhealthy habit or behavior on Dr. Phil E. I wouldn't avoid any - I'm a step above
4. A friend invites you to a party and upon arrival, you realize your friend isn't there and you don't know a single soul. Do you: A. Scurry back to your car to wait for your friend B. Hide in a corner until your friend arrives C. Grab a plate and ask to sit with some strangers D. Seek out the host and introduce yourself
5. Some colleagues are talking about investments. Which would you suggest? A. High-yield dividend stocks, covered calls, ad sector bets with Exchange-Traded FUnds B. They talk to your Financial Advisor C. Put half their money in CDs and the rest under their mattress Excuse yourself claiming a sudden need to use the restroom
6. Which one of the following is your biggest fear in retirement? A. Outliving your money B. Being ripped off C. Losing a loved one D. Losing your identity E. Health/Healthcare F. Staying connected
How would you have answered my questions? Do any of those scenarios resonate with you? Finding out who you are NOW is essential in retirement planning. Your goals are not the same as when you were 20. Working with a Retirement Coach gives you the opportunity to feel secure in being honest and forthright about what you really want. Start Planning Now! Call me.