FINANCIAL STRATEGIES GROUP
4
LETS GET READY
TO RETIRE
An introduction by
Financial Advisor, Brice Carter,
CFP®, CIMA®, ChFC ®, CAP®, CDAA,
MSFS
Retirement is a relatively new concept. In terms of human
history, retirement is still in its infantile state. Until recently, with
limited exceptions, if you were still living you were still working.
This concept began to change in the mid to late 1800s when
companies and governments began to offer pensions and
security nets. In 1881, Prussia was the first country to propose the
radical concept of government support for those who had aged
out of the workforce.
Like all new ideas, the concept of retirement has evolved and
changed drastically since its inception. We have witnessed
over the last 100 plus years two world wars, two major global
recessions, a global pandemic, unimaginable leaps in medical
science and technology, and a drastic increase in life expectancy.
With all the changes that have happened in the world, it is no
wonder that the retirement landscape has shifted dramatically
from just two short decades ago. Take, for example, my
Grandfather (Grandpa Mick), who retired in 1997 at the age of
66. Although Grandpa's career and retirement were quite typical
during that time for many of today's pre-retirees, it would be
atypical.
"Until recently, if you were still living, you were still
working. This concept began to change in the mid to late
1800's when companies and governments began to offer
pensions and security nets."
