Pri Cosentino discusses overcoming retirement fears and achieving peace of mind
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-pri-cosentino-founder-financial-advisor-at-fern-prosperity-discussing-overcoming-retirement-fears-and-achieving-peace-of-mind/
Pri Cosentino, the founder and Financial Advisor at Fern Prosperity. She delved into the important topic of addressing common retirement concerns and exploring approaches that may help foster financial confidence.
Pri highlighted some of the most common fears people face as they approach retirement, such as running out of money and becoming a burden to their family. She emphasized the importance of having a clear, actionable plan to mitigate these fears.
Retirement is often seen as the culmination of decades of hard work—a time to relax, explore, and enjoy the fruits of one’s labor. However, for many, the transition into retirement can be fraught with anxiety and uncertainty. Financial fears loom large, leading to stress that can overshadow the joy that retirement should bring. The podcast discussion highlights a critical insight: achieving peace of mind through effective retirement planning not only alleviates these fears but also enhances overall joy in retirement.
The journey toward a fulfilling retirement begins with comprehensive planning. As illustrated in the podcast, financial planning involves assessing one’s desires and needs for retirement, such as travel, housing, and supporting family members. By testing various scenarios—like the costs of a dream trip or the feasibility of helping children with college expenses—individuals can gain a clearer understanding of their financial landscape. This proactive approach allows retirees to visualize their future, instilling a sense of security that is essential for peace of mind.
Feeling financially confident can make a big difference when it comes to planning for the future.The importance of this peace of mind cannot be overstated. As discussed, when individuals feel secure in their financial situation, they are more likely to embrace the possibilities that retirement offers. One client’s experience exemplifies this transformation. Initially overwhelmed by the thought of losing her job and the associated financial implications, she discovered through planning that she could still enjoy meaningful experiences, such as spending time with her grandson. This shift from fear to empowerment illustrates how effective planning can restore confidence and allow individuals to see the vibrant possibilities of retirement.
Moreover, the benefits of peace of mindof well thought out retirement extend beyond emotional well-being; they also have tangible implications for health and longevity. Research indicates that reduced stress correlates with longer life expectancy. When retirees manage their financial fears and create a plan for the future, they not only enhance their quality of life but also potentially extend it. The podcast emphasizes that alleviating stress leads to better sleep, improved eating habits, and a more positive outlook on life. As individuals embrace a less stressful existence, they can focus on what truly matters—enjoying life.
However, achieving this state of peace requires ongoing commitment. The podcast suggests that retirement plans should be reviewed regularly, such as every six months or annually. This continuous evaluation ensures that individuals remain aligned with their goals and can adapt to any changes in their circumstances. By staying engaged with their retirement plans, individuals can maintain their sense of security and joy, allowing them to savor every moment of this new chapter in their lives.
Pri shared: “My mission is to guide my clients in creating retirement strategies that not only aim to secure their financial future but also give them the help provide freedom and confidence to truly enjoy the life they’ve worked so hard to build.”
In conclusion, the journey to a fulfilling retirement involves a three-step process: planning, acting, and enjoying. By proactively addressing financial fears through comprehensive planning, individuals can gain peace of mind and confidence in their financial futures. This clarity empowers them to take action, whether that means investing wisely, budgeting for experiences, or communicating openly with family. Ultimately, retirement should be a time of joy, exploration, and fulfillment. By embracing this mindset and taking deliberate steps to ensure financial stability, retirees can truly enjoy the best years of their lives, free from the constraints of fear and anxiety.
About Pri Cosentino
Priscila “Pri” Cosentino is the Founder and Financial Advisor at Fern Prosperity, an advisory firm dedicated to helping individuals pursue their financial goals through integrated planning strategies and personal development. With over a decade of professional experience in finance, advertising, events, and retail across Brazil and the United States, Pri brings a holistic perspective to financial planning and personal growth.
Pri was mentored for more than ten years by an experienced financial advisor, during which time she developed the WISE Method
—a planning framework based on Wisdom, Insight, Strategy, and Enjoyment. This approach is designed to help clients consider how to align their financial decisions with their values and long-term vision.
Pri holds a degree from the University of Central Florida (UCF) and an MBA in Neuroscience and Human Behavior from UniF. Her education combines financial planning with behavioral science, which supports her work in helping clients make informed decisions about money, life, and legacy.
As an Advisor, Pri applies the W.I.S.E. Planning methodology when building personalized strategies that may address areas such as income planning, tax considerations, estate and legacy planning, and personal development. She works with a diverse and global clientele, offering services in English, Portuguese, German, and Spanish.
Pri is also an author and speaker who shares insights on financial planning and personal development. Her professional philosophy emphasizes clarity, a client-first focus, and values-based planning.
Outside of her professional work, Pri is a committed learner, traveler, and cultural enthusiast. She enjoys fitness, thoughtful conversations about business and purpose, and is the proud dog mom of Tish, Weiße, Pkna, and Traya.
Learn More: https://pricosentino.com/
