The transition from work to retirement is one of the most complex times in a person’s life, says Steve Vernon, a retirement author and researcher, even moreso than saving for retirement. In his new book, “Retirement Game Changers: Strategies for a Healthy, Financially Secure and Fulfilling Long Life,” the Stanford Center on Longevity research scholar focuses on mistakes baby boomers especially can make in retirement. Although he worked for 35 years as an actuary helping large companies design and manage their retirement plans, in the last decade he has been focused on education and retirement income strategies though his company, Rest-of-Life Communications.
We asked him to outline some of the key mistakes retirees make and how advisors can help clients avoid them. Check out the gallery above to see what he said.
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