Confidence in the Uncertainty of Retirement

Confidence in the Uncertainty of Retirement

An Uncertain Retirement Future

With a retirement that could last 30+ years, the world could look very different at the beginning of your retirement than it does at the end. Taxes, regulations, government benefits, healthcare, and investing could all look vastly different than they do today.

The rulebook for retirement may change, and current strategies could lose their merit. At a personal level, your life will not remain static, people will age, relationship dynamics may shift, and new challenges will present themselves.   

The future ain’t what it used to be. – Yogi Berra.

Positioning not Predicting

Instead of trying to predict what will happen in the future, we should focus on positioning ourselves to be able to react as events unfold. By engaging in the process of financial planning, you know in advance how you’re going to handle new obstacles as they present themselves.

A plan can keep you grounded in your values and guide decisions under changing external circumstances. 

Seeking Professional Guidance for Your Retirement

Professional guidance through this process is not necessary but can be very valuable. There are many major decisions surrounding retirement, some of which can have lasting implications for both you and your loved ones.

Someone who is versed in the retirement landscape provides for a more informed journey by educating you on the options available to you and sharing their experiences with serving those whom they have worked with before.  

Embracing the Uncertainty

We have no idea what the future will hold or what the economy will look like but the core principles and saving, investing, and prudent preparedness will remain the same. The tools and tactics you use may look different than they did when you started, but that is okay. 

A financial plan can provide you confidence in the uncertainty of retirement. Where you know you do not what will happen but have a framework to guide your future decisions in a manner that is aligned with your core values. 


Feel free to email us at info@westernreservecm.com with any questions you have. If you would like to schedule time with us to discuss your specific situation click here.


Gage Paul, CFP®, RICP®, EA
Gage Paul, CFP®, RICP®, EA

Gage Paul is a financial planner at Western Reserve Capital Management. He works with the firm’s clients to create sustainable financial plans and investment strategies.


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