4 Alternative Retirement Paths And An Advisor’s Role In Helping Clients Plan For Them
['Adam Van Deusen', 'Author', 'Cfp', 'Team Kitces', 'Derek Tharp', 'Michael Kitces', 'Jeff Levine', 'Jesse Lineberry', 'Kathleen Rehl', 'Ben Henry-Moreland']
Nerd's Eye View | Kitces.com
Alternative Retirement Path #1: Financial Independence [6:04] Michael: So then, I guess, break these down a little bit further.
Supporting Clients Considering Alternative Retirement Paths As An Advisor [20:56] Michael: So what's our role as advisors in navigating this or setting this up for clients?
Why The 'Traditional' Retirement Path Might Not Be For EveryoneWhile the 'traditional' retirement path of working full-time into one's 60s before leaving the workforce entirely might seem like the 'default' option today, this view of retirement is largely a 20th century phenomenon driven in part by corporate and government decision-making.
Here, we will discuss four potential alternative retirement paths: financial independence, sabbaticals, "Coast FIRE" and semi-retirement.
How Financial Advisors Can Help Clients Pursue Alternative Retirement StrategiesWhile certain clients might be interested in pursuing an alternative retirement path, many might not have considered these possibilities in the first place.