Frequently Asked Questions
Q: Who can most benefit from Your Retirement Quest?
A: Your Retirement Quest brings all of the essential elements of what it takes to live a fulfilling retirement together in one place and provides a practical approach to develop a personal retirement plan. In that regard, the book will benefit both prospective retirees and those who have already retired but are looking to enhance their lives.
Your Retirement Quest is also an integral part of the services LifeScape Solutions™ offers to Financial Advisors and Companies to help them support their clients and experienced employees, respectively.
Q: What is the basis of Your Retirement Quest?
A: For over a decade, co-authors Keith Lawrence and Alan Spector have been researching and practicing retirement. They have coupled the research and their personal experience with interviews of over 200 retirees, many whose stories are in the book, to create Your Retirement Quest: 10 Secrets for Creating and Living a Fulfilling Retirement.
Q: Is Your Retirement Quest a financial planning program?
A: No. While financial security is important, it is but one of the ten key elements of a fulfilling retirement. Your Retirement Quest, therefore, addresses finance security, but only in the context of the full and holistic retirement planning picture.
Q: There is already so much retirement information available. What is really different about Your Retirement Quest?
A: You are correct-like you, we have discovered very useful retirement materials. We have digested hundreds of articles, books, websites, research reports, et al on the topic. What we found is that most of the information focuses on one specific element of success in retirement (e.g., finances or staying healthy). We also found that those resources with useful and a broad range of knowledge lacked an approach to utilizing that knowledge successfully.
This is how Your Retirement Quest is different. We provide a holistic look at all the key elements that underpin a great retirement. We share not only the theory, but a practical approach on how to implement the key elements in your life-beginning today. We also enable you to assess your unique life circumstances and create the plan that will work best for you, now and throughout your retirement years.
Q: Why do I need a retirement plan?
A: Research indicates that having a retirement plan; financial and, more often neglected, nonfinancial; is among the important characteristics of a successful retirement. Research also indicates that many people spend more time planning for a two-week vacation than they do for how they will best spend their retirement time and freedom. Your Retirement Quest provides you with the approach and the guidance you will need to develop and implement your plan to enable you to have a fulfilling retirement.
Q: I am already retired, but am not enjoying my retirement as much as I thought I would. Should I consider reading Your Retirement Quest?
A: Yes. Your Retirement Quest reveals the Secrets for Creating and Living a Fulfilling Retirement whether you are still looking forward to retirement or already retired. When you finish the book, you will have your own personalized plan as well as the knowledge about how to bring it to reality and keep it fresh through the years.
Q: Should my partner and I both read Your Retirement Quest?
A: Yes. It is important that couples have the Crucial Conversations necessary to each experience a fulfilling retirement. Yet, too many couples have not spent the time planning for retirement together and are not aligned on how it will proceed. The book will help you understand the risks of not sharing the planning process and guide you to ensure you have compatible plans.
Q: Why should my Financial Advisor be interested in Your Retirement Quest?
A: Many financial advisors strive to differentiate themselves by attending to the holistic needs and goals of their clients and then provide financial planning advice based on those needs and goals. These are the advisors that most retirees would like to engage with. Astute financial advisors also understand that the financial plan is better when the advisor fully understands the life goals of the client.
Q: How is retirement planning linked to employee engagement at work?
A: Employees over 50 is the fastest growing segment of the workforce, and there is a trend of increasing levels of employee disengagement. One of the reasons for disengagement of a company's most experienced workers is their growing anxiety about the future, causing them to be distracted at work. Retirement planning, using the knowledge and approach in Your Retirement Quest, will help bring more certainty to an employee's future, helping him or her be more engaged and productive at work, as well as more likely to have a smooth transition into their inevitable retirement.