461: The Retirement Myth: How to Revisit, Reflect, and Reinvent Your Next Chapter
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 11 October 2024
⏱️ 26 minutes
🔗️ Recording | Apple Podcasts | RSS
🧾️ Download transcript
Summary
Retirement isn't the finish line. It's a time to rewind and rediscover the next phase of your life as a time of reinvention and impact.
In this episode, we discuss:
- The origins of retirement
- How to navigate forced retirement
- What is a "Repurposement Plan"?
Today's article comes from our very own blog titled, Rewind Retirement: Revisit, Reflect, and Reinvent Your Next Chapter. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation.
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Show Notes: Howardbailey.com/461
Rate & Review the Podcast: RetireWithPurpose.com/review
📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu
📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw
ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process
Transcript
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| 0:00.0 | The unfortunate reality is it is extremely unlikely that you retire as planned. The statistics are |
| 0:06.6 | that 20 to 30% of workers are forced to retire due to corporate decisions. 40% to 60% succumb to |
| 0:12.9 | unplanned retirement due to health-related challenges. And 35 to 40% of all retirees regret how |
| 0:19.6 | they retired or felt ill-prepared for retirement. |
| 0:22.8 | Today, we'll ensure you don't become just another statistic. |
| 0:35.3 | Hey, this is Casey Weed and welcome to the pod where it is my mission to deliver clarity |
| 0:40.2 | and purpose and elevate meaning in your life. And if you're new to the show, I want you to |
| 0:44.4 | know what to expect. This is not your typical retirement podcast. We're going to be covering |
| 0:48.8 | both the non-financial and financial aspects of retirement. Today, we're going to lean into the non-financial |
| 0:56.2 | sharing with you an article that shows up in our weekend reading for retirees email that goes |
| 1:01.4 | out every single Friday. You have to get signed up to receive this email because not only |
| 1:05.7 | you're going to receive this article, but we'll receive the other three articles along with |
| 1:10.1 | summaries, takeaways from myself, |
| 1:12.3 | all designed to keep you up to speed on the latest in retirement planning so that you can make |
| 1:17.7 | better decisions for this phase of your life. |
| 1:20.4 | In addition to receiving that once a week email, you'll also receive other gems in that |
| 1:26.5 | email from white paper giveaways to book giveaways, |
| 1:29.8 | quizzes, assessments, and more. |
| 1:31.8 | Get yourself signed up to receive that article by simply texting the code, WR to 888-59499, |
| 1:41.6 | or you can just check out a link in the show notes or visit us at |
| 1:45.5 | Howard Bailey.com. Today, I am joined by our very own certified retirement coach and |
| 1:51.8 | chief purpose officer here at Howard Bailey Financial, Les McDaniel. |
... |
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