Retirement isn’t usually as smooth a transition as many people think. Permanently leaving the workforce often creates an identity crisis: You’ve spent a lifetime accumulating skills and knowledge that are now sitting dormant and you no longer have a title to concisely describe what you do. After the excitement fades, a lack of direction sets in.
Brevard, North Carolina isn’t just a retirement destination for North Carolina natives. My wife and I, after living in Colorado and Washington D.C., also decided to move to this mountain-side town in Transylvania county for our late-career and retirement living.
When I speak with my clients, with my friends, and with family, it’s clear that the market we grew up in no longer exists. The same uncertainty rattles when I turn on the news, read the paper, analyze assets in my institutional advisor software. We’re living in a new era, and to confront it is to prepare for it.
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The United States co-founded the North Atlantic Treaty Organization (NATO) in 1949 to protect military allies and ensure that another world war never comes to pass. Whether you agree with its long-term effectiveness, its primary objective to protect peace is at risk. Our choices today will dictate economic policies over the next few years.
Rapid shifts in economic and trade policy create a sense of uncertainty going forward.
