Chapters of Retirement

The Chapters of Retirement

The five phases of life after 50 & the considerations that accompany them.

Provided by Clayton Shum


The journey to and through retirement occurs gradually, like successive chapters in a book. Each chapter has its own things to consider.


Retirement Now vs. Retirement Then


Today’s retirees must be more self-reliant than their predecessors.

Provided by Clayton Shum

Decades ago, retirement was fairly predictable: Social Security and a pension provided much of your income, you moved to the Sun Belt, played tennis or golf, and you lived to age 70 or 75.

To varying degrees, this was the American retirement experience during the last few decades of the previous century. Those days are gone; retirees must now assume greater degrees of financial self-reliance.

Retirement Blindspots

Some life & financial factors that can be overlooked.

Provided by Clayton Shum​


We all have a “blue sky” vision of the way retirement should be, yet it helps to plan for retirement with a little pragmatism. Fate may alter the course of our retirement in ways we do not currently anticipate. So, as we plan for the next act of life, we may want to think about (and plan for) some life and financial factors that are often overlooked.


Making Investment Decisions

Are your choices based on evidence or emotion?

Provided by Clayton Shum


Information vs. instinct. When it comes to investing, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly influenced by factors, many of them emotional, that we may not even be aware of.

I’m retired. Now what?

“I’m retired. Now what?

Provided by Clayton Shum

It’s easy to forget that retirement can bring about a significant change in your life. Many of the activities you spent time on will be left behind. Many of the people you spent time with will still be working. Many of the problems and challenges you stressed over will be traded in for a whole new set of problems and challenges.

That’s why it’s not uncommon to hear people say, “I’m retired. Now what?”

When it comes to retirement planning, it’s important to spend a good deal of time on financial issues. How to secure income once you’ve stopped working. How and when to take Social Security. Investing, taxes, estate planning—all these issues deserve your attention. But retirement planning is about more than just finances. It’s about quality of life, too.

Sometimes the Pundits Get It Wrong

Sometimes the Pundits Get It Wrong
In fact, many predictions about Wall Street have misread the market’s direction.
Provided by Clayton Shum

Trying to determine how Wall Street will behave next week, next month, or next year is difficult. Some feel it is impossible. To predict the near-term direction of the market, you may also need to predict upcoming earnings seasons, central bank policy moves, and the direction of both the domestic and global economy. You might as well forecast the future of the world.

That is not to say forecasting is useless. You could even argue that it is a necessity. Every month, economists are polled by various news outlets that publish their median forecasts for hiring, inflation, personal spending, and other economic indicators. Those median forecasts are often close to the mark, and sometimes exactly right.

Tell Your Beneficiaries About Your Accounts and Policies

Let them know how they will receive retirement assets and insurance benefits.
Provided by Clayton Shum

Will your heirs receive a fair share of your wealth? Will your invested assets go where you want them to when you die?

If you have a proper will or estate plan in place, you will likely answer “yes” to both of those questions. The beneficiary forms you filled out years ago for your IRA, your workplace retirement plan, and your life insurance policy may give you even more confidence about the eventual transfer of your wealth.

One concern still remains, though. You have to tell your heirs that these documents exist.

Women & Money Paralysis

Women & Money Paralysis
Not making a move may not be the best move to make.  

Provided by Clayton & Eddy Shum

 A decision not made may have financial consequences. There is an old belief that women are more cautious about money than men, and whether you believe that or not, both women and men may fall prey to a kind of money paralysis as they age – in which financial indecision is regarded as a form of “safety.”

How Mother’s Day evolved

The White Carnation

As you know, Mother’s Day is observed on the second Sunday in May in the U.S. as a day to honor mothers for their contributions to family and society.  That includes grandmothers, great-grandmothers, and also women who serve in the role of mothers.

Have you ever wondered how Mother’s Day evolved?  The idea originated from mainly two women, Julia Ward Howe and Anna Jarvis.

Will the election affect the markets?

Provided by Clayton Shum

Every four years, Americans take a few minutes out of their day to choose the next President of the United States. Voting is a simple, uncomplicated act—but the months preceding it are anything but. After all, before we vote, we first have to endure the dreaded “campaign season.” From endless televised debates to the plethora of signs on our neighbors’ lawns, “politics” becomes the order of the day.

If you’re like me, you’re probably starting to get tired of all the campaigning. You also know how important the political process is. Being an informed, engaged citizen is crucial to maintaining the stability of our Republic. That means asking some pretty tough questions, like: “Which candidate best represents my opinions and values?” “How will each candidate affect our standing overseas?” “What will each candidate do to ensure both our safety and our personal liberties?” Getting the answers can be both frustrating and time-consuming.

Fortunately, there’s one question you don’t have to ask.

“How will the election affect the markets?”

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