News and Commentary

6 Habits to Adopt Now to Help Ensure a Successful Retirement Later by Lee F. Hediger

If you want to get in shape, you should establish healthy eating habits and a regular exercise schedule. Are you looking to play an instrument? Take lessons and start a routine of practicing regularly. The road to success is paved with positive behaviors and lifestyle choices. Retirement is no different. Following are six habits that soon-to-be retirees should consider to help make their golden years as fruitful and rewarding as possible.

Practice Urgency

According to the latest statistics from the Centers for Disease Control, the average life span of women in the U.S. is 79.1 years old and 73.2 years for men. Maximizing this time requires early planning and implementing appropriate strategies to help individuals avoid the risk of outliving their savings.

Adopt Healthy Habits

Heart disease and cancer continue to be the leading causes of death in the U.S., both of which can be prevented by making the right lifestyle choices. For example, you can improve your chances of a long, healthy and enjoyable retirement by eliminating harmful habits, such as smoking, and adopting healthy lifestyle habits, such as regular exercise routines, early in life.

Retire to do Something, Not from Something

For many individuals, retirement is an escape from the daily work grind. However, defining retirement solely by something eliminated from your life may leave you with a significant void. Instead, consider retirement an opportunity to do something you enjoy, whether traveling, learning a new language or even spending more time in the garden. This creates a sense of purpose and enables you to focus your time on pursuing the things you love rather than running away from things you may despise.

Retire Based on Your Bank Account, Not Your Birthday

Successful retirees have spent years thinking about and planning for the type of lifestyle they want after their careers have ended, and they know how much it will cost. Remember that retirement is not about age but independence and the money you need to achieve that aim.

Foster Meaningful Relationships

Social interaction is a critical element in achieving happiness. Successful retirees have cultivated a network of friends who share their interests, family members they can rely on, and professional advisors who can help guide them through life’s changes.

Give Back and Build a Legacy

Retirement can provide you with the time and opportunity to give back to the community where you live and create a legacy long after you are gone. With a significant accumulation of assets, you may even create a foundation or donor-advised fund to support the organizations, causes and social needs or causes for which you are most passionate.

When looking back on your life, the things you do every day will make a lasting impact rather than the things you do once in a while. Making the right choices early in life and practicing positive habits can help ensure a successful retirement later in life. The advisors with Provenance Wealth Advisors employ a holistic approach to income, estate and investment planning to help individuals and families create retirement and legacy plans that meet desired needs and goals.

About the Author: Lee F. Hediger is a co-founding director with Provenance Wealth Advisors (PWA), an Independent Registered Investment Advisor affiliated with Berkowitz Pollack Brant Advisors + CPAs and a registered representative with PWA Securities, LLC. He can be reached at the firm’s Fort Lauderdale, Fla., office at (954) 712-8888 or

Provenance Wealth Advisors (PWA), 200 E. Las Olas Blvd., 19th Floor, Ft. Lauderdale, FL 33301 (954) 712-8888.

 Lee F. Hediger is a registered representative of and offers securities through PWA Securities, LLC, Member FINRA/SIPC.

 This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct.

 Any opinions are those of the advisors of PWA and not necessarily those of PWA Securities, LLC. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of PWAS, we are not qualified to render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional. Prior to making any investment decision, please consult with your financial advisor about your individual situation.

To learn more about Provenance Wealth Advisors financial planning services click here or contact us at

Posted on November 29, 2023