Cona Elder Law

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Retiring Well on Long Island

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Most of us can’t wait for the day when we can hang it all up and do what we want. But when that glorious time comes, many suffer from loss of identity, lack of purpose, inability to relate to others, difficulties living on a fixed income, depression, and more. In today’s economic climate, many older adults need to “rewire” and find new paid employment as they need an additional source of income to supplement retirement benefits. Many become consultants in their life-long fields of work, and others look to alternate domains altogether, often pursuing creative passions that had to take a back seat to their careers. 

What are the secrets to thriving in retirement and how do you get there? How do you make the Golden Years actually golden? While there may not be a one-size-fits-all answer, there are some universal considerations.

First, early planning is key. That includes financial planning, estate planning, asset protection planning, and a customized, deeper dive rather than a simple “rule of 4%” withdrawal plan. Then, there is identity and purpose planning, thoughtfully creating ways in which you can create a buffer against the loss of identity and/or stature when you step down from an important career and one which defined you. And next, you must create new social connections outside of the workspace and possibly outside of your marriage (if applicable). This may be a relatively easy segue for some but for most people, it can involve completely reinventing yourself which takes time, careful consideration, and a long runway to get the plan off the ground. 

The best resources for helping with the retirement life transition can be found in others who have gone before you and who have “retired well.” Cona Elder Law has gathered those very people for you at our upcoming 9th Annual Caregiver Conference on May 7, 2025 from 4:30 PM to 9:30 PM at the Huntington Hilton.

Join us for Rewiring & Retiring Well on Long Island: The Secret Ingredients No One Talks About. Hear from a panel of esteemed Long Island leaders who enjoyed decades of prominent careers and who have now rewired or retired well. They will share their rewirement and retirement stories, from preparation, planning, to letting go, and share their key secrets to rewiring and retiring well. Also on the evening’s agenda is “Protecting Your Assets to Retire Well & Leave a Legacy” as well as “Financial Planning for Your Next Venture: Beyond Retirement Calculators.”

Visit: https://bit.ly/CEL-Caregiver25 for more information, to Register, or to become a Conference Sponsor or Exhibitor.

We look forward to seeing you there!

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