Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Three Pillars to Happiness In Retirement: Money, Friendships and Health

Video Credit: The Street - Duration: 02:54s - Published < > Embed
Three Pillars to Happiness In Retirement: Money, Friendships and Health

Three Pillars to Happiness In Retirement: Money, Friendships and Health

Money doesn't guarantee happiness.

But, it sure can make life better in retirement.

According to Michael Finke, Chief Academic Officer, of The American College of Financial Services, it is one of the key pillars to ensuring you find joy in your golden years.

Retirement and happiness was the subject of one of the many panel discussions at TheStreet's Retirement, Taxes & Income Strategies Symposium, held recently in New York City.

TheStreet's Robert Powell, editor of TheStreet's Retirement Daily spoke with Michael Finke, Chief Academic Officer, of The American College of Financial Services, who revealed three pillars to happiness in retirement.

Money and Retirement "The first pillar is money," Finke said.

" it's good news for those of us who are actually saving for retirement, but you are happier if you have more money." He also stressed on spending the money in right thing.

"Spending money on all sorts of other stuff that we think are going to make us happy in retirement doesn't really make us that happy." he said, "it is social spending that makes us happy." Friendships and Retirement "Friendships and the depth of friendships and the number of friendships that you have with other people, and even when we look at spending what we see is that social spending is what really makes people happy," said Finke.

Health and Retirement It may come as no surprise to you that the third pillar centers around your health.

In fact, Finke says you think think about your health like an investment.

"You can have all the money in the world, but if you're not healthy, you're not actually going to enjoy your retirement," "My theory was that the same thing that motivated people to save money for retirement is the thing that motivated them to engage in healthy behaviors like eating better or exercising, and so that's an investment in your future as wel," he said.

Learn more about TheStreet's Retirement, Taxes & Income Strategies Symposium here.

Introducing TheStreet Courses!

Financial titans, Jim Cramer and Robert Powell, are bringing their market savvy and investing strategies to you!

Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more!

With our courses, you will have the tools and knowledge needed to achieve your financial goals.

Learn more about TheStreet Courses here.

Need help preparing for retirement?

Check out Retirement Daily.

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Years of conflict in Iraq hit health services in Basra [Video]Years of conflict in Iraq hit health services in Basra

Experts say pollution from surrounding oilfields is one of the reasons why Basra has the highest rate of cancer in Iraq.

Credit: Al Jazeera STUDIO     Duration: 02:56Published

Here Are 4 Beach Towns Where You Can Retire on $40K a Year [Video]Here Are 4 Beach Towns Where You Can Retire on $40K a Year

If you’re already looking forward to retirement but thinking about the money it will cost, here are four beach towns where you can retire on $40,000 a year. Buzz60’s Natasha Abellard has the story.

Credit: Buzz60     Duration: 00:41Published

Watch this tiny baby mouse being fed [Video]Watch this tiny baby mouse being fed

A family of baby mice which are smaller than a human thumb are being nursed back to health after being abandoned by their mother. Four baby rodents were found at just a few days old in a nest behind a..

Credit: SWNS STUDIO     Duration: 00:52Published

One Way To Save, If You Don't Have A Purchase Goal [Video]One Way To Save, If You Don't Have A Purchase Goal

If you're already stuffing away money in an emergency fund and retirement account, financial experts say that you can always save more, simultaneously. Financial planner, Eric Roberge, told Business..

Credit: Wochit News     Duration: 00:46Published

Tourist Infected By Deadly Parasite After Eating Slug On 'A Dare' [Video]Tourist Infected By Deadly Parasite After Eating Slug On "A Dare"

Gizmodo reports Hawaii health officials are warning residents and visitors to avoid slugs, snails, and rats. The Center for Disease Control says three travelers visiting the state were recently..

Credit: Wochit News     Duration: 00:48Published

DougCo commissioners approve additional money to hire SROs, community response team; board balks [Video]DougCo commissioners approve additional money to hire SROs, community response team; board balks

The Douglas County Board of Commissioners met Tuesday afternoon and approved an additional $3.3 million in supplemental money for the county’s 2019 budget that aims to establish a community response..

Credit: 7News - The Denver Channel     Duration: 02:07Published

Praetorian Health Services – Companionship Services [Video]Praetorian Health Services – Companionship Services

Praetorian Health Services offers two different levels of assistance for our client population.  The first one I would like to discuss is Companionship Services.  This is what is often..

Credit: WXXVPublished

Philippine measles outbreak one of the worst in the world [Video]Philippine measles outbreak one of the worst in the world

MANILA, PHILIPPINES — Imagine being sick with the measles and having to share the same bed with two other infected children, or bunk down on a makeshift ward in the hospital parking lot in the heat..

Credit: TomoNews US     Duration: 02:05Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.