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What Stage 2: Anticipation
d ream s This stage is defined by retirees’ growing
excitement and eagerness for their forthcoming
freedom. However, this excitement is accompanied by a natural anxiety about the unknowns
may that lie ahead. During this stage, people begin
to plan more activities as their interest in the
concept of financial freedom grows.
come Stage 3: Liberation
Retirement day starts off this stage.
During this “honeymoon” period (which
typically lasts about one year), retirees are
busy reconnecting with families, engaging in
Ameriprise hobbies, traveling and starting new ventures.
Financial Stage 4: Reorientation
The initial thrill of retirement subsides
helps you during this stage, and people become more
realistic about making their savings last.
tap into your Some retirees also start to face post-retire-ment challenges, such as physical limitations
hopes for or the loss of social connections. At this point
it’s important for retirees to readjust their
the future expectations and plans.
PHOTODISC
Stage 5: Reconciliation
In this stage of retirement, people come
to terms with the meaning of their lives. This
By T. Foster Jones time is marked by heightened interest in per-WHAT IS IT that you want to do in retire- ment planning is to visualize now where sonal reflection and in leaving a legacy. There
ment? What do you most look forward to you’ll be at various later points of your life. To is an increased desire for relaxation, and
doing? Where do you dream of going? How help its clients prepare, Ameriprise Financial retirees who remain healthy prefer to stay
do you define a successful retirement? studied the emotional stages of retirement engaged in hobbies and travel.
If you haven’t been asking yourself these and found that people go through five stages
questions, you should be. on their way to and through retirement. The insights these five stages provide
“Retirement has a way of creeping up on help people better understand the way they
us faster than we realize,” says Lauren Stage 1: Imagination think about retirement, says Diesen. “They
Roeglin, coordinator for Costco Member Thefirststagebeginswhenpeoplearesix affirm that retirement planning is more
Services. “It’s really important to begin plan- to 15 years away from retirement. They begin than about just putting money away. To
ning as early as possible for life after work.” looking forward to a time when they will no start charting a course for your future, it’s
“You need to identify what you want to do longer have to work. As their retirement vision vital to determine your hopes, your goals,
when you retire, for it can have a significant becomes clearer, so doestheir optimism for the your dreams and your concerns. Your
impact not only on how much you save, but future. “The reality is, however, at this time Ameriprise financial advisor can help you
where and how you invest,” says Amy Diesen, people still have competing financial priorities: discover that and use it to get you started, no
IRA product manager for Ameriprise Financial, family, retirement, careers,” says Diesen. matter what stage of life you’re in.” C
the financial services company that provides
financial planning to Costco members.
One of the reasons people put off thinking about retirement (other than the obvious
fact that many of us don’t like to admit to getting older) is that we don’t know where to start.
With more than 2 million clients and
more than 100 years in the business,
Ameriprise Financial not only knows where
to start, but can offer insight and advice on
just about any retirement goal.
“It’s not that scary,” says Diesen. “It’s like
every other aspect of your life, whether you’re
planning a diet or planning a trip: You have to
write it down.”
Ameriprise Financial, which has offered
financial planning to Costco members since
2002, says that an important aspect of retire-
Connecting with a consultant
COSTCO MEMBERS can take advantage Costco members who take advantage of
of a complimentary, no-obligation initial the complimentary consultation will
consultation with an Ameriprise financial receive a $25 Costco Cash card.
advisor. The advisor will assess your cur- Executive Members who purchase a
rent financial situation, ask about your financial plan will receive $200 off the
immediate needs and long-term goals, cost of an initial written financial plan,
and answer questions you might have and Costco Gold Star and Business mem-about the financial-planning process. The bers will receive $100 off. For information,
advisor will also describe how he or she call toll-free 1-866-549-5952 or visit
can work with you to help you plan for the costco.com and click on “Services,” then
kind of financial future you want, through on “Financial Planning.”
guidance on everything from managing
Investments and financial advisory services made available through
your taxes to planning for retirement. Ameriprise Financial Services, Inc., Member NASD and SIPC.
