312: Innovating Your Retirement: How to Stay Engaged in Your Second Half of Life with Chris Farrell
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 29 August 2022
⏱️ 63 minutes
🧾️ Download transcript
Summary
Today, I'm speaking with Chris Farrell. Chris is a leading expert on the subject of working into the years we once called traditional retirement. In his most recent book, Purpose and a Paycheck: Finding Meaning, Money, and Happiness in the Second Half of Life, he debunks the myth that aging populations are a burden on our economy–and demonstrates how "retirees" can create, innovate, and stay engaged.
You may have encountered Chris's work as a journalist for PBS Next Avenue and the Star Tribune, a contributor to Bloomberg Businessweek, The New York Times, Kiplinger's, and other publications. Or perhaps as a commentator on Marketplace Morning Report, or as the host of Conversations on the Creative Economy on Minnesota Public Radio. I'm a big fan of his work and thrilled to chat with him today.
In this conversation, Chris shares the story of how he went from being a merchant seaman to getting his graduate degree at the London School of Economics, why aging populations aren't dead weight, and how retirees can discover newfound purpose–and make a difference–while contributing to the economy later in life.
One more thing before we get started. We've got a bunch of copies of Chris' book, Purpose and a Paycheck: Finding Meaning, Money, and Happiness in the Second Half of Life and we're going to send them out until they're all gone!
Here's all you have to do...
- Step 1.) Subscribe to the podcast and leave an honest rating & review over on iTunes.
- Step 2.) Text BOOK, that's B-O-O-K to 866-482-9559 for a link to our book request page, complete the form and we will ship you the book for free. It's that simple!
In this podcast interview, you'll learn:
- What led Chris to become so interested in writing about retirement, happiness, meaning, and purpose.
- How an aging population and a low birth rate are fundamentally shifting our economy.
- Why more people in their 50s and 60s are starting businesses now than ever before–and why so many people who opt for traditional retirement "unretire" within just a few years.
- How retirees can pass on knowledge to younger generations and leave behind a personal and professional legacy.
- The importance of budgeting for health care coverage for retirees looking to bridge the gap when retiring before age 60.
Show Notes: Howardbailey.com/312
Rate & Review the Podcast: RetireWithPurpose.com/review
Weekly Retirement Newsletter: RetireWithPurpose.com/weekend-reading
Transcript
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| 0:00.0 | Welcome to the Retire with Purpose podcast, a show specifically designed to help pre-retirees and retirees maximize their financial confidence. |
| 0:14.4 | Casey Wheat is a certified financial planner and president of Howard Bailey Financial. |
| 0:18.4 | His newest book, Job Optional, is a Wall Street |
| 0:21.3 | Journal bestseller and is available now on Amazon and at Retirewithpurpose.com. He's your host on |
| 0:27.9 | Retire with Purpose. Hey, I'm Casey, and I believe in retirement strategies that are driven |
| 0:33.7 | by meaning and purpose. Join me this week and every week as we discuss thoughts and ideas |
| 0:40.3 | with some of today's foremost experts in the field of finance and retirement, as well as |
| 0:45.8 | discussing trending topics that could impact your bottom line. These discussions can help you |
| 0:51.5 | make better financial decisions so you can live the lifestyle |
| 0:55.0 | you've always imagined and deserved. |
| 0:57.9 | Welcome to the show. |
| 1:02.2 | Today I'm speaking with Chris Farrell. |
| 1:05.1 | Chris is a leading expert on the subject of working into the years we once called |
| 1:09.7 | traditional retirement. In his most recent book, |
| 1:12.6 | Purpose and a Paycheck, Finding Meaning, Money, and Happiness in the Second Half of Life, |
| 1:17.0 | he debunks the myth that aging populations are a burden on our economy. And he demonstrates |
| 1:22.8 | how retirees can create, innovate, and stay engaged. You may have encountered Chris's work as a journalist for PBS Next Avenue in the Star Tribune, a contributor to Bloomberg Business Week, the New York Times, Kiplinger, and many other publications, or perhaps as a commentator on Marketplace Morning Report, or is the host of conversations on the creative economy on Minnesota |
| 1:45.3 | Public Radio. I'm a big fan of his work and thrilled to chat with him today. In our conversation, |
| 1:50.6 | Chris is going to share his story of how he went from being a merchant seaman, which I had to |
| 1:55.5 | look that up myself, to getting his graduate degree at the London School of Economics, why aging populations aren't |
| 2:02.9 | dead weight and how retirees can discover newfound purpose and make a difference while |
| 2:07.8 | contributing to the economy later in life. One more thing before we get started. We've got a bunch |
... |
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