Tudor Cosma
Principal & Private Client Adviser Retirement Specialist at Covenant Wealth
Based in Melbourne, Australia
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Seniority
Staff
Department
Other
Location
Melbourne
Industry
Financial Services
Company size
1 to 10
Contact information
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t•••••••@covenantwealth.com.au
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Background
About Tudor Cosma
Some transitions in life are more enjoyable when done with the help of a guide that has done the journey hundreds of times before and knows where the dangers lurk. Anyone can retire; however, not everyone retires successfully. How many times have you retired? The chances are that this is your first and only time, are you sure you want to DIY? Are you sure it won't cost you more in missed opportunities and "education tax"? Retirement is deceptively simple at first blush; say goodbye to your colleagues or sell your business and sail on into the sunset. Simple to say but not easy to live with the consequences and tough to undo. A successful retirement is made up of equal parts financial and non-financial component. Just like a tasty cake is made up of equal parts of baking skill and ingredients if you don't get the mix right, you will be a divorced, depressed grouch with money. However, if you get it right, you get your cake and eat it too. The reality is that doctors are seeing higher incidences of addiction, depression, and even suicide by patients in retirement who by all accounts have "made it!" and should be the happiest people on earth since they never have to work another day in their life. Replacing your work identity as you transition into retirement is not easy, but I am a firm believer that the second half of your life can be better than your first half marked by purpose and significance! The recipe has been handed down from generation to generation, and it's free. There's no "secret sauce", we've seen it work, and it's simple:"Do the right things in the correct order at the right time, and you will be upgrading your life from survival to stability, from stability to success, from success to significance. I work with couples who don't just want to be good stewards and leave a legacy; they want to live it so that they can experience life at the next level upgrading their success into significance.
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