Plan for happiness

Lifestyle

It may sound simple, but thinking about what will bring you happiness in retirement is the key to getting more out of the next big chapter in your life. And that goes beyond just knowing you want to get out of the 9‑to‑5 grind or having a hobby to dabble in. Happiness in retirement is about doing more of what brings you true satisfaction — whether it be travel, pursuing a passion, spending time with family, volunteering, or even starting your own business. 

“Pre-retirees should consider what kind of lifestyle they would enjoy, both in the short term and the long term,” says Tyler Wilkinson, chief financial officer of Soltis Investment Advisors in St. George, Utah in an interview conducted by Athene. “That is really the crucial first step in planning for retirement.”

What kind of lifestyle will bring you joy in retirement? Take this quiz to help discover your personal path to happiness.

Dreaming up your vision for the future is the fun part, but a key to connecting emotional fulfillment and financial well‑being is balance. Once you have a clear picture of the kind of lifestyle that will bring you happiness in retirement, it’s essential to put a financial plan in place that can help support those goals.

Make your dreams a reality
Begin by taking inventory of what you have, shares Scott M. Sadar, CFP, executive vice president at Somerset Wealth Strategies in Portland, Ore in an interview conducted by Athene. “That includes assets you’ve earned or picked up along the way, and future income streams, like pensions.” Next, track your spending closely to help you identify places where you’re currently overspending. You can then figure out how much of that money you could put toward retirement instead.

Next, think about how much money you’ll need to fulfill your retirement dreams — both big and small. That means considering larger expenses, like a condo on the beach or that bucket-list trip to Australia, as well as your day‑to‑day needs. 

“The whole process of drilling down and really understanding how much you are going to need in retirement can be daunting,” says Sadar. But he emphasizes that planning is crucial to having the retirement you want.

Once you have a solid grasp of your current finances and your needs in retirement, it’s time to meet with your financial professional to help close any financial gaps you might have. “There’s still time to make some subtle or dramatic changes to your financial plans that can help support your happiness goals and feelings of success in retirement,” states Sadar.

This information is brought to you by Athene — where unconventional thinking brings innovative annuity solutions to help make your retirement dreams a reality.

About Athene Careers Contact Us Individuals Professionals Institutions
Institutions
The institutional channel includes reinsurance and group annuity contracts related to pension risk transfers.
Reinsurance Pension Risk Transfer (PRT)
Investors
Privacy Legal

Annuities contain features, exclusions and limitations that vary by state. For a full explanation of an annuity, please refer to the Certificate of Disclosure or Prospectus (as applicable) and contact your financial professional or the company for costs and complete details.  This material is a general description intended for general public use. 

Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR.  Annuity contracts and group annuity contracts are issued by Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY, in New York state.  Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company.  Insurance products may not be available in all states.  These companies are not undertaking to provide investment advice for any individual or in any individual situation, and therefore nothing in this should be read as investment advice. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC.  Please reach out to your financial professional if you have any questions about insurance products and their features.

The term “financial professional” is not intended to imply engagement in an advisory business with compensation unrelated to sales. Financial professionals will be paid a commission on the sale of an annuity.

ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. MAY LOSE VALUE. NO BANK/CREDIT UNION GUARANTEE. NOT A DEPOSIT. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT.

Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda.  Not all reinsurance products or structures offered are available in all jurisdictions.  Reinsurers may not be licensed in all states.  All transactions are subject to meeting a reinsurer’s underwriting requirements.  Reinsurance products are not protected or guaranteed by state insurance guaranty associations or insolvency funds.