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Ready For Retirement

The Wake-Up Call That Made Him Retire 10 Years Early | Retirement Reality

Ready For Retirement

James Conole, CFP®

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

5706 Ratings

🗓️ 19 November 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

A cancer diagnosis changed everything. When Michael’s wife began chemo, time took on a new meaning. The long-term financial plan suddenly felt secondary to the years they still had together. That wake-up call led Michael, then 57, to retire a full decade earlier than planned, trading more income for more life. In this conversation with James, Michael shares the mindset shift that made him walk away from a thriving career and a team he loved leading. He opens up about the guilt of leaving, th...

Transcript

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0:00.0

But what are the things that you are looking forward to doing now that you were not able to do while you're still working?

0:06.0

It is. That's a wide-up book, and that's the great thing about retirement. You can do what you want when you want to do it. And everything flows down. I mean, I'm not in a hurry anymore. You know, used to, you know, with your job and your responsibilities at home and everything.

0:24.4

You know, you seem like you're always in a hurry to get things done so you can get back home or get back to work or, you know, if I want to, I can take a leisurely hour and a half,

0:29.0

two hour lunch somewhere if I want to.

0:31.1

Michael always wanted to retire early, but it wasn't until his wife's major scare with cancer

0:35.6

that reframe the way he thought about work in the first place. Tune in as Michael shares about his journey and his wife's journey

0:42.0

through her chemo treatment, how this perspective, along with the death of other loved ones,

0:46.5

led him to retire early because life is precious and were never promised tomorrow.

0:51.1

My guest on today's episode of retirement reality is Michael, Michael,

0:54.8

if you could choose one word to describe your retirement so far, what would it be?

1:03.1

Liberation. I'm no longer chained to a desk for eight hours a day. No longer under,

1:11.4

you know,

1:11.8

I work from home,

1:12.9

so no longer under house arrest all day long,

1:15.5

you know,

1:15.8

eight hours a day.

1:17.6

I can do what I want,

1:19.4

when I want.

1:21.4

Suffer with my wife telling me that.

1:24.3

But it is.

1:26.2

It's just,

1:26.8

it's real liberation to be able to do things that maybe I was not able to do before

...

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