Enjoy An Encore Life

ENJOY AN ENCORE LIFE An encore life is the third quarter of life during age 55 to 80, thanks to the longevity bonus of seniors living longer. It should be a time of newfound freedom and flexibility. THIS IS POTENTIALLY THE BEST TIME OF YOUR LIFE! Here is a framework that can help you focus on making the most of your third quarter and creating your encore life: Self rediscovery: Take some time for reflection, asking yourself questions about who you are and what you want to do in the next stage of your life. Health and wellness: "When you have your health, you have everything. When you don't have your health, nothing else matters." Money and financial planning: This includes retirement income planning, estate and philanthropic planning, planning for Social Security, Medicare, long-term care and managing health care costs. Family and relationships: Having a strong support network and social interaction with others does wonders for your health and outlook on life. Employment or paid work: This includes continued career growth, career change, career transition, and part-time work to earn money either because you need to or because you enjoy it and want to. Community and civic engagement: This is about giving back to your community through involvement in civic, cultural, religious and/or service organizations that you feel close to and strongly about. Lifelong learning and personal development: This might be maintaining and developing relevant skills and abilities in order to continue meaningful work, or new learning for personal reinvention, reward and achievement. Leisure and entertainment: What you do for fun! Lifestyle and housing: This typically involves the transition from living in your current home to downsizing, whether to a smaller home or into a retirement community.