By LouAnn Schulfer,  AWMA^®, AIF^®
Accredited Wealth Management Advisor^®
Accredited Investment Fiduciary

Some people are great at socking away money for their futures.  For those who’ve had the discipline in place, they’ve set themselves up for greater flexibility should the unexpected happen.  Covid has been that “unexpected”.

Healthcare providers and business owners are two examples of classes of earlier than planned retirees in 2020.  Medical workers who have health issues of their own, and business owners who have had their ventures radically change, have reassessed the viability of earlier than planned retirement.  Having built an ample nest egg and/or working to lower expenses have allowed many to leave the workforce a few years earlier than they’d intended.  Often, it’s a bitter-sweet departure.

What could be your unintended event?  How can you set yourself up so that, should you need a  plan B, you have flexibility?  Hindsight is 2020:  no one could have predicted Covid nor it’s unintended consequences, including early retirement.

LouAnn Schulfer is co-owner of Schulfer & Associates, LLC Wealth Management and can be reached at (715) 343-9600 or louann.schulfer@lpl.com.  www.SchulferAndAssociates.com

Securities and advisory services offered through LPL Financial,a Registered Investment Advisor.  Member FINRA/SIPC.