Let’s look at the four types of retirees: Which one will you be?

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Let’s look at the four types of retirees: Which one will you be?
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Five habits of the most highly successful retirees were identified in the report.

, “Longevity and the New Journey of Retirement” by Ken Dychtwald, co-founder and CEO of Age Wave and Ken Cella, a principal at Edward Jones, a financial services firm.

Based on the same report, this week we describe four types of retirees categorized by their attitudes, ambitions, circumstances and characteristics that often lead to desirable or undesirable outcomes. As you read these descriptions, consider what model is close to where you are in your life and what you can do to emulate the Purposeful Pathfinders. It is never too late.These folks can be considered role models. They were the most prepared for retirement and had the easiest transition.

Five habits of the most highly successful retirees were identified in the report: They paid attention to their health, were socially engaged, have a clearer sense of purpose, are mindful of finances and are flexible to make changes as needed. These are notable goals for anyone planning for their retirement or for those already retired.

Although financial planning is a key element of a successful retirement, note that one-third of the 11,000 participants were Regretful Strugglers who likely are just surviving and in many cases because of circumstances that may be beyond their control.Plan for finances and include dreaming and planning for family, fun and purpose.Find work you enjoy, ideally something that you can continue to do part time in retirement, if you need it or just want to work.

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