EPISODE #006

Retirement Advice You’re Not Getting

“It’s paradoxical that the idea of living a long life appeals to everyone, but the idea of getting old doesn’t appeal to anyone.”

 – Andy Rooney

Retirement Planning is about more than money:

1. Top 10 most stressful life events
2. There are always ‘headline’ issues and concerns
3. Decisions not easily put in a spreadsheet or report about living life ‘well’ and adding ‘joy’ may be overlooked 

Retirement Planning isn’t just about ‘The Number’:

1. What are you going to do when you retire?
2. Where are you going to live?
3. How are you going to live?

Trial Runs – or ‘Practice Retirement’

1. Try out locations you may want to live
2. Join clubs, volunteer for causes, start that side gig
3. Try scheduling your days and the style you’d like to live with your spouse

• Aligned with significant time together
• Blocks of time apart pursuing some specific special interests
• Fairly busy and active – or – a relaxed pace

ROL (Return on Life) vs. ROI (Return on Investment)

1. Shift towards what your retirement funds will be used for and how do you achieve the ‘best life possible’

Re-Framing Retirement Planning

1. Identity – the doctor that goes from ‘who’s who to ‘who’s he?’
2. Working on a ‘Plan B’ – many people want to find meaningful work and stay active 
3. Levels of activity

• The Go-Go Years
• The Slow-Go Years
• The No-Go Years

“So, Three Questions: (Scott Galloway)

1) Is this an opportunity to pivot to becoming a caregiver for somebody?

2) Do you have the relationship with your siblings that you want?

3) And finially, have you made the requisite investments in friendships, or have you let competitiveness or perceived slights or other bull**** get in the way?”

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