When retirement was created people only lived for 1 or 2 years as retired. Now, it is not uncommon for people to spend 25 to 35 years in retirement. A WSJ article indicated if you delay your retirement by 1 year, you could increase your longevity by 11%. EPIC stand for Engage, Purpose, Integration and Challenge. If you have these four things in your retirement, you can have a successful retirement. Some people are looking at their retirement accounts as their autonomy fund or independence account.
Joining us for this discussion on Epic Retirement is Assim Inshirah who is the station’s operation manager and makes sure Mastering Your Money is available to our listeners.