Ed. Note: Older adults have planned many aspects of retirement, but failed to create an estate plan. Explore how living trusts can help avoid a will contest. Reason #5: Avoiding a Will Contest. It is true that a will is far more likely to be contested than a revocable living trust. That’s because a will […]Read more
Ed. Note: Older adults have planned many aspects of retirement, but failed to create an estate plan. Explore how living trusts can help avoid probate. Reason #4: Avoid Probate. It is true that property in your revocable living trust will not go through probate when you die. That’s because the trust instrument spells out […]Read more
Ed. Note: Older adults have planned many aspects of retirement, but failed to create an estate plan. Explore how living trusts can prepare for incapacitation. Reason #3: Managing Property upon Incapacitation. One of the major concerns that many of us have today is not about dying – it’s about living too long! We see […]Read more
Ed Note: Older adults have planned many aspects of retirement, but failed to create an estate plan. Explore how living trusts can reduce estate taxes. Many people say that a revocable living trust doesn’t save estate taxes. Technically, they’re right. There are no provisions in the federal tax laws that exempt revocable living trusts from […]Read more
RetireWOW Celebrates the Senior New to RetirementRetireWOW celebrates the opportunities of life over 50 by creating a community for sharing tools, resources, and guidance to help the senior new to retirement make a new life.
- The baby boomer retirement is different as many intend to keep working in to retirement.
- The concept of a life of full-time leisure or full-time work is being rejected. A happy retirement consists of integrating work, play, and volunteer activities.
- Retirement ideas now consist of learning, growing, mental stimulation and finding meaning are requirements for the New Aging.
- No longer the “me” generation, the New Aging is about the “we” generation. Retirement wishes are about staying connected to family, and friends, but also making a difference in the world.
Life PlanningBy Cathy Severson, MS
As a counselor, one of the first questions baby boomers preparing for retirement say when we talk is, “I don’t know what I’m going to do after I retire.” Retirement is a significant life transition with opportunities to develop new passions and redefine who you are from the inside out.
Most of the information about retirement has centered on finances, but it’s also an important psychological shift that can be both scary and liberating. RetireWOW was created to help you successfully transition into this new world. We know this isn’t our parents’ retirement. In addition to the blog, we are creating a community where we can learn from each other, as well as the RLM experts.
I encourage you to sign up for the newsletter, ask questions of the experts, make comments, join in the teleclass and even be a guest blogger. This is your site, so let us know what you want and how we can make it better.