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Ready For Retirement

The 3 Most Important Mindset Shifts to Make Going Into Retirement

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5706 Ratings

🗓️ 26 April 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

In this episode of Ready for Retirement, James discusses the 3 most important mindset shifts to make going into retirement. Questions Answered: What are the mindset shifts to make going into retirement? What should you consider when planning your retirement expenses?How can you ensure you optimize your money?We’re on YouTube! Check us out here for more content to help you create a secure retirement: YouTube - Root Financial Partners LET'S CONNECT! FacebookLinkedInWebsiteENJO...

Transcript

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0:00.0

Discover the tips and strategies that will help you achieve your retirement goals.

0:09.3

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

0:14.4

It all starts right here on Ready for Retirement. for retirement.

0:29.5

Hi, everyone, and welcome back to another episode of Ready for Retirement.

0:30.8

I'm your host, James Cannell.

0:35.9

And it's probably no secret to any of you that life changes significantly when you retire.

0:38.3

Now, it's not just life that changes,

0:43.7

but it's also, or it should also be at least, your approach to financial planning that changes too.

0:48.3

And if you don't change your strategy, if you don't change your approach, then you won't be able to most effectively plan for that next phase of life. The problem, though, is people get that,

0:53.6

they understand that intuitively, the harder part is changing your mindset. The problem, though, is people get that. They understand that intuitively,

0:55.8

the harder part is changing your mindset. The harder part is changing the way you view things.

1:00.4

Because people are always okay with a strategy that already aligns with their way of thinking.

1:04.4

It already fits their worldview. But if their way of thinking is off, then it's going to be

1:08.9

very difficult to accept a strategy that's

1:10.9

outside of their line of thinking or even outside of their worldview. It really takes a mindset

1:15.3

shift. So many times when I'm working with clients, I don't start by recommending specific

1:20.1

strategies. I start by wanting to reframe the way they view certain things because until that new

1:25.9

mental framework is there, it's difficult

1:28.2

to successfully implement the right strategies, even as simple as those strategies might be.

1:33.4

So today, I'm going to go over what I believe are three crucial mindset shifts that I think

1:38.2

retirees need to make in order to have the most secure retirement possible.

1:42.3

So before we jump in, as we like to do every week,

...

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