Where to Live in Retirement: Avoid a Common Mistake - Getting Trapped by What Is
Retirement Answer Man
Roger Whitney, CFP®, CIMA®, RMA, CPWA®
4.6 • 1.2K Ratings
🗓️ 4 March 2020
⏱️ 34 minutes
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Summary
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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