August 9, 2016

"Go-go," "Slow-go" and "No-go" Retirement Years

As I tell my clients, retirement is not a homogeneous phase of life but typically consists of three phases. Being a participant in the "go-go" phase I can assure you that many newly retired persons spend more in this phase than they did while working. Sixty days on a motorcycle trip from Utah to Cape Breton Island in Nova Scotia, Canada cost far more than two months at home, even with staying with relatives and camping for part of the time.
Michael K. Stein, CFP, is credited with the first time I read about the three phases of retirement in his book "The Prosperous Retirement: Guide to the New Reality" 1998, EMSTCO Press.
Read more about investing for and anticipating the differing expenses of the three retirement phases in an article in US News and World Report by Jeff Brown at:


  1. Of course, retirement consists of several stages. It’s not a period of life that lasts 2-3 years. Years go by and your behavior changes. In the beginning, at your go-go phase, you want to travel and you’re happy because now you finally have time for all the important things. But I guess that after this stage many people even want to review new york resume writing services to start a new job search. When you work, you dream of having a vacation but when you rest for a long time, you want to get back to work)

  2. When a person retires it is not yet aware of. It is consider, that just went on vacation. And when it is aware that she is retired, and then begins a search for employment. Some travel, some are beginning to collect something and some one find hobbies, which was associated with their work. For example, if a person worked as a HR, she begins to help to properly resume for other or how to behave at the interview. She has extensive experience and a joy to share.

  3. Thanks for this link. I like to write an essays on different topics. It's very interesting. Friends, maybe it will be interesting for you to write my essay for me cheap. I use it sometimes.


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