Are you emotionally ready to retire?
Edward Jones - Chad Choate, AAMS
Nov 10, 2022
Florida - Sarasota, Bradenton & Charlotte Counties
Email US
Click to Email Us
When it comes to the right retirement age, there is no right answer. The traditional retirement age of 65 may not be feasible – or desirable – for you. But what really matters is if you are financially and emotionally ready to stop working. The two work hand in hand: when you are financially prepared, you can focus more on your purpose and vision in retirement - the fun stuff, many would say.
We think it's important to invest some time now to prepare for this change, so we recommend involving your spouse and other family members in the conversation. Openly discussing your vision can help ensure a successful adjustment to your new life. And even though there's a lot to think about, your Edward Jones financial advisor can help you better prepare for the financial impact of not working full time – whenever that may be.
Explore these five important questions
Thinking about your answers to the following questions can help bring your retirement vision to life:
What does the word "retirement" mean to you?
The idea of a traditional retirement doesn't fit many of our ideal notions anymore of how we may want to spend our future. You may want to travel, volunteer or spend more time with your family. You could also be ready to spend more time enjoying a hobby or even start a new career. Is working part time or volunteering an option or desire for you? Having a plan of what will fulfill you during the next phase of life can help you start to envision what your days may look like.
How will leaving the workforce make you feel?
You've probably worked most of your adult life. Making the switch can be a big adjustment. It's normal to be excited yet have some doubts. You don't have somewhere to go every day. Are you OK with that? Do you have other things you want to do? Money is only part of the picture. Make sure you've thought through how you actually feel about retiring.
What’s the first thing you want to do when you retire?
Write down the first three, five or 10 things you want to do – and don’t expect to achieve them all in the first week. Remember, you’ll have plenty of years to fill with the things you want to do.
If you have a spouse or partner, is he or she on board?
Does your spouse or partner want to retire when you do? If so, what's your health insurance situation? Is working part time or volunteering an option or desire for you? If you want to travel, does your partner? Talk to your partner about his or her ideas about retirement. If you have different visions, discuss them and find some common ground. By talking now, you can work together to make the best of retirement for both of you.
If you have children, how do they feel?
Talk to your children about their – and your – expectations. For example, do they expect you to offer childcare or other favors after you are no longer working full time? If necessary, decide on ground rules and boundaries ahead of time. This can help prevent uncomfortable conversations down the road.
It's OK to be a little concerned about making the right choices about retirement – these are big decisions. Working with your financial advisor can help address some of these worries and make you feel more confident about your path forward.
Other Articles You May Like
Discover Compassionate Assisted Living at Merritt Island
Choosing an assisted living community is a major decisionfor both seniors and their families. At Merritt Island Assisted Living, we understand that this transition is about more than just a change of address. Its about finding a safe, nurturing environment where each resident can live with dignity, enjoy daily life, and receive the right level of support tailored to their individual needs.Our community is thoughtfully designed to provide personalized care, promote independence, and offer peace of mind through 24/7 assistanceall in a warm, welcoming atmosphere on Floridas beautiful Space Coast.What Is Assisted Living?Assisted living bridges the gap between independent living and full-time medical care. Its ideal for individuals who may need help with daily activitiessuch as bathing, dressing, medication management, and mobilitybut still want to maintain their independence and enjoy a vibrant lifestyle.At Merritt Island Assisted Living, we empower residents to live life on their own terms, while providing the compassionate support they need to thrive.Personalized Support, When Its Needed MostOur assisted living residents receive customized care plans that evolve with their needs. From minimal assistance to more comprehensive support, we adjust our services to ensure comfort, safety, and quality of life. Our professional team is available around the clock, offering help with: Daily living activities (ADLs) Medication management Transportation to appointments Housekeeping and laundry Wellness checks and ongoing assessments We work closely with families and healthcare providers to ensure continuity of care and open communication at every stage.A Lifestyle That Promotes Connection and Well-BeingAssisted living at Merritt Island isnt just about careits about living well. Our residents enjoy a dynamic community life with enriching programs, engaging activities, and social opportunities every day. Whether its participating in group fitness classes, attending social events, enjoying live entertainment, or simply spending time in the garden, our community is built to support the emotional, mental, and physical well-being of every resident.Community Features Include: Private and semi-private apartments Three nutritious, chef-prepared meals per day Beautiful indoor and outdoor common spaces On-site salon and spa services Fitness and wellness programs Calendar of daily social activities and events Scheduled outings and transportation Why Families Trust Merritt Island Assisted LivingFamilies choose Merritt Island because we combine expert care with heart. We treat every resident like familybuilding trust through communication, kindness, and consistent, compassionate service. From the care team to the kitchen staff, everyone shares a commitment to enhancing the lives of those we serve.Schedule a Visit Today If you or your loved one are considering assisted living, we invite you to experience the difference at Merritt Island Assisted Living. Schedule a tour, meet our team, and see firsthand how we help residents live comfortably, confidently, and with purpose.
Exceptional Services & Amenities at Merritt Island Assisted Living
At Merritt Island Assisted Living, residents enjoy more than just a comfortable place to livethey experience a vibrant lifestyle built around convenience, connection, and personalized support. Designed to enhance daily life while promoting independence and peace of mind, our community offers a wide array of services and amenities tailored to meet the unique needs of every resident.Comfort Meets CareFrom the moment you walk through our doors, you'll feel the difference that thoughtful design and attentive service make. Our assisted living community provides 24/7 professional support, ensuring that every resident receives compassionate care while maintaining dignity and independence. Services include: Assistance with daily activities like bathing, dressing, and grooming Medication management and health monitoring Housekeeping, laundry, and linen services Scheduled transportation for medical appointments and local outings With these daily essentials handled by our dedicated staff, residents can focus on enjoying life to the fullest.Lifestyle Amenities That Inspire JoyWe believe senior living should be as enriching as it is supportive. Thats why Merritt Island Assisted Living offers amenities that promote social engagement, mental stimulation, and physical wellness: Chef-prepared meals served three times daily in a comfortable, restaurant-style dining room Fitness and wellness programs designed to keep residents active and energized On-site beauty and barber services, so looking and feeling your best is always convenient Activity and game rooms for socializing, puzzles, cards, and more Spacious common areas for gatherings, celebrations, and relaxation Beautiful outdoor spaces, including courtyards and walking paths perfect for enjoying the Florida sunshine Engaging Activities and EventsMerritt Island Assisted Living encourages residents to remain engaged and connected. Our events calendar is filled with diverse offerings that cater to a variety of interests: Music and movie nights Arts and crafts sessions Educational talks and guest speakers Holiday and birthday celebrations Group outings to local attractions, restaurants, and cultural venues Every activity is designed to bring joy, foster friendships, and enhance the overall well-being of our residents.Safe, Accessible, and SupportiveSafety and accessibility are priorities throughout our community. Our living spaces are thoughtfully designed with seniors in mind, including grab bars, emergency call systems, and mobility-friendly layouts. Residents and families can enjoy peace of mind knowing that assistance is always close at hand.Why Choose Merritt Island Assisted Living?When you choose Merritt Island Assisted Living, youre choosing a lifestyle built around warmth, wellness, and worry-free living. Our community services and amenities are thoughtfully created to ensure residents feel at homewhile receiving the personalized support they need to thrive. Come see how our amenities make every day easier, more comfortable, and more fulfilling. Schedule a tour today and discover the lifestyle you or your loved one deserve.
Merritt Island Assisted Living: Compassionate Care in a Coastal Community
Located in the heart of Floridas scenic Space Coast, Merritt Island Assisted Living offers a warm, inviting community designed to provide exceptional care, comfort, and connection for seniors. Blending modern amenities with a personalized approach to wellness, this assisted living residence is a trusted choice for families seeking quality senior care in a peaceful, coastal setting.A Home-Like Setting with Professional SupportMerritt Island Assisted Living is more than just a place to liveits a place where seniors feel at home. With private and semi-private apartment options, thoughtfully designed common areas, and welcoming outdoor spaces, residents enjoy comfort, safety, and a sense of community.The highly trained staff offers 24/7 assistance with daily living activities such as bathing, dressing, grooming, medication management, and mobility supportalways delivered with respect and kindness. Residents maintain their independence while receiving the right level of care, tailored to their unique needs.Enriching Lifestyles for Every ResidentLife at Merritt Island Assisted Living is active, engaging, and fulfilling. Daily programs and social activities are carefully curated to promote mental, physical, and emotional well-being. Residents can participate in: Group fitness classes Games and trivia nights Arts and crafts Live music and entertainment Off-site outings and scenic drives Holiday celebrations and cultural events Whether it's enjoying a morning walk in the garden, attending a wellness seminar, or sharing stories over coffee, residents find plenty of opportunities to connect, grow, and have fun.Delicious Dining, Every DayNutrition is a key part of wellness, and the culinary team at Merritt Island Assisted Living takes pride in preparing meals that are both nourishing and flavorful. Residents enjoy: Three home-cooked meals daily Accommodations for dietary needs and preferences Restaurant-style dining with flexible seating Snacks and beverages available throughout the day Meals are served in a vibrant dining room that encourages conversation, camaraderie, and a shared sense of community.A Trusted Partner for FamiliesChoosing assisted living is a significant decisionand the team at Merritt Island Assisted Living understands the importance of trust, transparency, and ongoing communication. From the first tour to move-in day and beyond, families receive support every step of the way.The staff works closely with residents and their loved ones to ensure personalized care plans remain up to date and reflective of evolving health needs and personal preferences.Why Families Choose Merritt Island Assisted Living Compassionate care staff available 24/7 Comfortable, accessible living spaces Secure, welcoming environment Enriching activities and wellness programs Convenient location near hospitals, parks, and shopping Peaceful surroundings with beautiful outdoor areas Experience the Difference on the Space CoastSurrounded by natural beauty and a strong sense of community, Merritt Island Assisted Living offers seniors a vibrant lifestyle supported by expert care. Its a place where dignity, independence, and joy are part of everyday life. Schedule a visit today and discover the difference of personalized care in a place that truly feels like home.
Local Services By This Author
Edward Jones - Chad Choate, AAMS
Financial Services 828 3rd Ave. W., Bradenton, Florida, 34205Hello, I'm Chad Choate a dedicated financial advisor in Bradenton, FL, I began my career with Edward Jones in 2017. As a financial advisor, I want to find out what's important to you and help you build personalized strategies to achieve your goals. As a lifelong Manatee County resident, I graduated from the University of South Florida and was a teacher in Manatee County before joining Edward Jones. My driving force is to change people's lives in a positive way, and what better place than my home to do that. Whether you're planning for retirement, saving for college for children or grandchildren or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We will also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we're dedicated to providing you with top-notch client service. But we're not alone. Thousands of people and advanced technology support from our office can help ensure you receive the most current and comprehensive guidance. In addition, we welcome the opportunity to work with your attorney, accountant and other trusted professionals to deliver a comprehensive strategy that leverages everyone's expertise. Working together, we can help you develop a complete, tailored strategy to help you achieve your financial goals. I currently volunteer with the Manatee Hurricane football Broadcast and Booster Club, serve on my church's trustees council and have previously served as a leader in Young Life. I am a member of the Manatee Chamber of Commerce and an alumnus of their Leadership Manatee program. I have been married to my childhood sweetheart, Ashley, for 15 years and we have a son, Wesley, and daughter, Camryn. We enjoy watching our children play their sports and traveling as a family.
Edward Jones - Chad Choate, AAMS
Retirement Planning 828 3rd Ave. W., Bradenton, Florida, 34205Experience and BackgroundI am a financial advisor in Bradenton, FL, and began my career with Edward Jones in 2017. As a financial advisor, I want to find out what's important to you and help you build personalized strategies to achieve your goals.As a lifelong Manatee County resident, I graduated from the University of South Florida and was a teacher in Manatee County before joining Edward Jones. My driving force is to change people's lives in a positive way, and what better place than my home to do that.Whether you're planning for retirement, saving for college for children or grandchildren, or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We will also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we're dedicated to providing you with top-notch client service.But we're not alone. Thousands of people and advanced technology support our office so that we can help ensure you receive the most current and comprehensive guidance. In addition, we welcome the opportunity to work with your attorney, accountant and other trusted professionals to deliver a comprehensive strategy that leverages everyone's expertise. Working together, we can help you develop a complete, tailored strategy to help you achieve your financial goals.I currently volunteer with the Manatee Hurricane football Broadcast and Booster Club, serve on my church's trustees council and have previously served as a leader in Young Life. I am a member of the Manatee Chamber of Commerce and an alumnus of their Leadership Manatee program.I have been married to my childhood sweetheart, Ashley, for 15 years and we have a son, Wesley, and daughter, Camryn. We enjoy watching our children play their sports and traveling as a family.
Edward Jones - Chad Choate, AAMS
Financial Advisor 828 3rd Ave. W., Bradenton, Florida, 34205Hello, I'm Chad Choate a dedicated financial advisor in Bradenton, FL, I began my career with Edward Jones in 2017. As a financial advisor, I want to find out what's important to you and help you build personalized strategies to achieve your goals. As a lifelong Manatee County resident, I graduated from the University of South Florida and was a teacher in Manatee County before joining Edward Jones. My driving force is to change people's lives in a positive way, and what better place than my home to do that. Whether you're planning for retirement, saving for college for children or grandchildren or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We will also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we're dedicated to providing you with top-notch client service. But we're not alone. Thousands of people and advanced technology support from our office can help ensure you receive the most current and comprehensive guidance. In addition, we welcome the opportunity to work with your attorney, accountant and other trusted professionals to deliver a comprehensive strategy that leverages everyone's expertise. Working together, we can help you develop a complete, tailored strategy to help you achieve your financial goals. I currently volunteer with the Manatee Hurricane football Broadcast and Booster Club, serve on my church's trustees council and have previously served as a leader in Young Life. I am a member of the Manatee Chamber of Commerce and an alumnus of their Leadership Manatee program. I have been married to my childhood sweetheart, Ashley, for 15 years and we have a son, Wesley, and daughter, Camryn. We enjoy watching our children play their sports and traveling as a family.