How Maslow’s Hierarchy of Needs Affects Your Retirement Plan

Are you prioritizing your financial needs and wants when it comes to retirement?

Are you familiar with Maslow’s Hierarchy of Needs? You might be surprised to know that depending on your generation, your strategy and priorities may differ when it comes to saving and planning for retirement.

In this podcast episode, TRS Planner Cindy Mueller discusses retirement strategies for each generation and how they correlate to Maslow’s Hierarchy of Needs. Join us now for another exciting edition of ‘Your Retirement Solution Podcast’.

In this episode, you’ll learn:

  • How the Maslow’s Hierarchy of Needs theory can help you plan for retirement
  • How each generation since World War II has had to face slightly different economic challenges than the previous generation
  • Where to look to find more money for things that we want vs. the things that we need (and how to balance the two)
  • How the nuanced financial challenges each generation must face will affect how they plan for retirement
  • And much more!

Related: The Truth About Popular Finance Myths