Hurricane Ian reminds us that the question of how to best prepare for the risks of where we live in retirement is even more important than planning for how much retirement will cost.

Planning and living in retirement requires anticipating and managing risk. Markets rise and fall requiring us to adjust investment strategies, spending habits – or both. Chronic health conditions developed over decades can threaten personal health, and the wellbeing of loved ones, but the impacts may be managed with healthy behaviors and early intervention.

Few of us, however, think of our choice of where to live in retirement as a calculated risk. Despite the popular imagery of retirement as a life stage filled with bike rides, beach walks, golf greens, and even pickle ball, Hurricane Ian smashing into Florida’s Gulf Coast reminds everyone that choosing where to live in retirement includes anticipating the multidimensional risks of extreme weather and other natural events that everyone faces in every region.

Contact us or whatsapp for immediate advice with one of our financial advisors.