In football during halftime, you have to make changes to give your team a better chance of achieving its strategic goals. It’s not the game plan, but the halftime adjustments that spell the difference between victory and defeat. The same applies to retirement planning: You need to make adjustments along the way and keep an open mind.
As Harbor Crest Wealth Advisors founder and CEO Mike Hennessy says in this Forbes piece, avoiding rigidity in your actions and emotions is critical to living well during this new phase of life.
And as another expert says in this Forbes article, one of the greatest risks that you can face — potentially greater than an economic downturn or recession — is not preparing for an unexpected event. A lack of life or extended care insurance, insufficient medical insurance coverage, unexpected medical costs, or lack of appropriate estate planning documents in place could create hardship on you or your loved ones during your retirement.
Read the full Forbes article "Does Great Offense Or Great Defense Win You A Super Retirement?" here.
With a presence on every platform, Forbes is the largest global business media brand with incomparable scale and the unique ability to convene, curate, and cover the most influential leaders and entrepreneurs who are driving change, transforming business, and making a significant impact on the world.
Forbes’ network of international editors, journalists, and contributors fuels the creation of content distributed through Forbes.com, Forbes Magazine, research and insights reports, signature live events, and much more. Its journalism includes franchises such as Billionaires, 30 Under 30, Forbes 400, and Self-Made Women, and its investment newsletters. Forbes reaches more than 120 million people worldwide. Forbes remains true to founder B.C. Forbes’ mission stated on the cover of its first issue, to be “devoted to doers and doings.”