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Retirement Answer Man

Where to Live in Retirement: Steps to Navigate the Transition

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

🗓️ 25 March 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

Choosing where to live in retirement can seem daunting to some and exhilarating to others. On this final episode of the Where to Live in Retirement series, we hope to teach you how to take steps to navigate a transition to create the retirement and...

Transcript

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0:00.0

Hey, welcome to the retirement answer man show. My name is Roger Whitney. I am your host.

0:07.0

And this is the show dedicated to helping you not just survive retirement, but to rock retirement by taking intentional actions.

0:14.0

Now, rocking retirement may seem like a pipe dream right now.

0:20.0

How quickly can the world change?

0:22.0

Oh my goodness. I've spent the last few weeks talking to a lot of people,

0:26.4

some listeners, some Rock Retirement Club members, a lot of clients processing what is happening obviously with the economy and the

0:35.3

Corona disruption but most importantly with what's going on with their lives and

0:40.4

the plans that they have for the future and the

0:43.0

first step is simply to acknowledge and sit with all of the crazy things going on

0:48.0

and figuring out what little steps we can take from a liquidity standpoint, from a cash flow standpoint to build

0:55.6

firewalls around ourselves amongst a big forest fire here.

1:00.9

And we've been doing that a lot. once you do that that's sort of on your heels playing defense

1:07.6

once you finish that process the next step is to start leaning forward a little bit and continually ask yourself.

1:15.1

I've asked myself this question hundreds of times over the last few weeks.

1:19.6

Once you mitigate, what does this make possible in major calamities like we're having right now

1:27.0

whether it's in the markets or with the virus or with work other doors open up and

1:32.2

it's very difficult to get off your heels but once you do the

1:36.2

important initial steps now you have to start leaning forward and what does this make

1:40.1

possible and that's not simply about investing.

1:43.0

There are a lot of things that this makes possible

1:45.2

in other areas of life

1:46.4

and maybe some ways of jump-starting things

...

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