Where to Live in Retirement: Steps to Navigate the Transition
Retirement Answer Man
Roger Whitney, CFP®, CIMA®, RMA, CPWA®
4.6 • 1.2K Ratings
🗓️ 25 March 2020
⏱️ 31 minutes
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Summary
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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