In this episode of the Retirement Answer Man, Roger Whitney wraps up his series on the eight pillars of a great retirement plan by diving into the last two non-financial pillars: passion and relationships. Discover how your hobbies, curiosities, and social connections can significantly impact your retirement happiness. Roger also shares personal stories and practical tips on maintaining energy, fostering a growth mindset, and building a fulfilling post-retirement life. Tune in for insights and strategies to help you rock your retirement!
PRACTICAL PLANNING SEGMENT
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00:26) Eight pillars are needed as a foundation for having a great retirement plan
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02:50) Importance of showing up and doing the work
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04:12) Having projects is a core component of living an enriching, full life
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04:49) Passion is our next nonfinancial pillar, find projects you’re passionate about
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07:19) What are the obstacles to pursuing passion and projects outside of retirement
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08:50) Roger’s personal anecdote about digital obstacles
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10:30) Plan for developing passions
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11:52) Last of the four non-financial pillars is relationships
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15:17) What are the obstacles of building relationships?
LISTENER QUESTIONS
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18:50) Mark asks about spousal IRA
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20:09) Question from Beth: Should I keep 401k or roll over to an individual IRA?
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24:28) Fund choices can be a determinant of your 401K success
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27:07) Simplification and consolidating your assets into an IRA
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30:21) Listener feedback on losing a spouse
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34:50) It only takes one account or property to force probate
SMART SPRINT
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37:20) Identify one thing that you are curious about and pull that thread
What is Retirement Answer Man?
A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com