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7 Surprisingly Valuable Assets for a Happy Retirement

August 22, 2020

From the Kiplinger website

Retirement planning is all about numbers. It centers around one question: Do my financial assets — pension, 401(k)s/IRAs, Social Security, property, sale of a business, etc. — provide enough income to fund my desired retirement lifestyle?

At least, that is what most people think. But ask any retiree, and they will likely tell you that it is only half the story. You’ll need enough money to get by, of course, but you don’t have to be super wealthy to be happy. In fact, life satisfaction tops out at an annual salary of $95,000, on average, according to a study by psychologists from Purdue University. Enough money to never have to worry about going broke or paying for medical care is important. But money is not the only or most important piece of a fulfilling retirement.

So, once you have a retirement plan in place, it is essential to focus on all those things money cannot buy. Here are seven non-financial assets that studies show can improve life satisfaction in retirement.

From → Health & Safety

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