Challenges of Living Longer
Increasing longevity has presented us with challenges not seen before. In 1935 when the United States passed their social security law the average life expectancy in America was just 61.7 years. Retirement plans were meant to support people for these relatively short periods of time. We are now living much longer—and need to plan accordingly. Given this reality—and the fact that the maximum average 10-year retirement budget can’t be stretched to 25 or 30 years—we must adjust our choices and plans to accommodate a more prolonged vision for our financial needs.
Brain Health and Retirement
Managing brain health through retirement is in many ways similar to managing finances. 25 to 30 years is an awfully long “leisure-only” period and a potentially challenging one to the brain health and emotional well-being of the retiree—something rarely anticipated but commonly experienced. All human beings—and their brains—thrive on direction, challenge, structure, and purpose. And this is true for the length of our lifespans up to and most certainly beyond age 65.
Creating Your Brain Health Retirement Plan
Today we are in the enviable position of being able to create a sound and wise retirement plan for our brains. Our parents’ and grandparents’ doctors only spoke to patients about their brains if neurological condition presented. But in our time, science has made gains and advances which have offered us the opportunity to consider what we now know about the symbiotic effects of physical and psychological health on our brains. A better understanding of the influences that cause or aggravate brain health issues can offer better brain health outcomes, and ultimately greater quality of life. What greater return on investment could retirement offer?