Campbell Wealth Management - April 2020

READY TO TAKE UP THE NOMADIC LIFESTYLE AFTER RETIREMENT?

Here’s How to Plan for It Ask Other Nomads Crowdsource advice from friends and family

You’ve worked hard for years to arrive at this moment: retirement. Now that you’re free of your 9-to-5 job, you have a lot more time for activities you enjoy. That extra time is what leads many people to turn to a nomadic lifestyle after retirement. Touring in an RV, sailing around the world, or even just retiring to a cabin in a remote locale are all popular options for new

members who’ve taken the leap. Lots of other people have shared your dream and made it a reality. Many

have turned their experience into books or blogs, like Lynne Martin, who’s been traveling around the world with her husband, Tim, for the last three years. The Martins used the sale of their home to finance their travels. They also take cruises to cut down on travel costs and often dine in to save money. Do Your Research If you have a specific place in mind for your retirement, like Hawaii or Texas, look at rental costs and other lifestyle changes that can affect your budget. For example, Hawaii’s cost of living is cheaper than other popular retirement states, like Florida, but basic commodities may be more expensive. If a boat or RV is more your style, be sure to add repair and fuel costs into your budget. As you go about researching and planning, be sure to consult with your financial advisor so they can help you look at your current situation and make adjustments. With the proper planning, you’ll be living your nomadic dream in no time.

retirees. If the spirit of adventure is calling you, here are some financial tips to set you on the right path.

Downsize Before You Go Some folks choose to sell their home and use the income to fund their travels, staying in apartments and rentals as they go. If that seems too drastic, downsizing to a smaller home is also

a good option, especially if you plan to travel in intervals but want a home base to return to. This also gives you the option of renting your home while you’re away and using the money to continue traveling.

Would you like to be a Campbell Wealth Management Ambassador? Would you like access to exclusive CWMAmbassador events?

WE ARE EXCITED TO ANNOUNCE OUR We are excited to announce our Inaugural Ambassador Event! DATE & TIME: TBD CWMAmbassadors are invited to a private reception at Wolf Trap. (Future "Riverdance" show d t will be ann unced, as the June 19 show has be n p stponed.) CWM Ambassadors are invited to a private reception at Wolf Trap followed by the 25th Anniversary Show of Riverdance . Not yet an Ambassador? Now is the time to become a member by simply referring someone who may benefit from our services. When your referral comes in for their initial meeting, you will officially become an Ambassador and be invited to this exclusive event. This event is an opportunity to thank you, our Ambassadors, for referring your family and friends to Campbell Wealth. Please join us!  Send your referral information to Mirela Tsai at mirela@campbellwealth.com or call (571) 800 - 6371. Not yet an Ambassador? Now is the time to become a member by simply referring someone who may benefit from our services. Wh your referral comes in for their initial meeting, you will officially become an Ambassador and b invited to this exclusive event. This event is an opportunity to thank you, our Ambassadors, for referring your family and friends to Campbell Wealth. Please join us! Send your referral information to Mirela Tsai at mirela@ campbellwealth.com or c ll (571) 800-6371. INAUGURAL AMBASSADOR EVENT FRIDAY , JUNE 19TH AT 6 : 00PM

All you have to do is refer a friend. Do you know someone who: • Wants to be better prepared for retirement?

• Is looking for a second opinion regarding their portfolio? • Has gone through a major life event (death of a spouse, retirement, etc.)? Call us at ( 571) 800-6371 and let’s set up an introduction! If they are important to you, they are important to us.

Call Us Today (703) 535-5300 • 3

Securitiesofferedonlybyduly registered individuals throughMadisonAvenueSecurities, LLC (MAS),member FINRA/SIPC.Advisory services offeredonlybyduly registered individuals throughCampbellWealthManagement, Inc (CWM),aRegistered InvestmentAdvisor. MASandCWMarenotaffiliatedentities.

Made with FlippingBook - professional solution for displaying marketing and sales documents online