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Retirement Answer Man

Where to Live in Retirement: Avoid a Common Mistake - Getting Trapped by What Is

Retirement Answer Man

Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Education, Investmentmanagement, Saving, Self-improvement, Careerplanning, Retirement, Business, Lifeplanning, Investing, Retirementplanning, Financialplanning, Retirementpodcast

4.61.2K Ratings

🗓️ 4 March 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

Retirement is one of those life changes that gives you the opportunity to reevaluate and set yourself up for the next stage of life. On this monthlong Retirement Answer Man Series, we’re going to think about how to decide where to live in...

Transcript

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0:00.0

Retirement is one of those life changes that gives you a window of opportunity to re-evaluate and set yourself up for the next stage of life.

0:13.3

Voltaire once said, don't let the perfect be the enemy of the good.

0:17.2

And what he was referring to was, don't let your sense of perfectionism stop you from doing things well.

0:24.4

Some things don't have to be done perfect.

0:26.3

So as we think about re-evaluating where we want to live in retirement,

0:31.5

I want to flip that around a little bit and say don't let the good

0:34.6

what your life is right now and where you live be the enemy of potentially better.

0:40.4

You need to re-evaluate that during this window of opportunity in retirement.

0:45.8

And that's what we're going to talk about this month on the Retirement Ancherman Show.

0:49.8

My name is Roger Whitney. I am your host and this is the show dedicated to helping you not just survive retirement. We really want you to rock retirement and when you are transitioning

1:04.9

to retirement you are ending the season of many things and that gives you the opportunity to re-evaluate

1:12.0

not just working or not working, but your environment.

1:15.1

So this month we're going to talk about how to decide where to live in retirement.

1:21.2

Now we're not going to do a top 10 list of the great places to live.

1:25.0

What we're really going to do is build a framework to help you think through it

1:30.0

rather than the click-beady top 10 stuff.

1:33.6

So that's how we're going to approach this topic.

1:36.6

But first, a message from our sponsor.

1:41.1

Compound interest is the eighth wonder of the world. He who understands it, earns it, he who doesn't pays it.

1:48.0

That's Albert Einstein, credited to him anyway. Compound interest we think about in terms of bank accounts and savings accounts but the more

1:57.2

Impactful compound interest in our habits and in how we make lots of little decisions.

2:04.0

So this month in the Rock Retirement Club as we start to roll out Rock Retirement University,

...

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