A Practical Guide To Becoming Retirement Ready in 3 Steps
episodePreviously titled “Ep 166 | A Practical Guide To Becoming Retirement Ready in 3 Steps” — renamed by the publisher on Aug 2, 2026
Wealthy After 40: Retirement Planning and Budgeting for Gen X
17 min
1 speaker
3 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
Do I really need a plan to be retirement ready?
Do you ever wonder if you'll ever be ready for retirement? Maybe you feel like it's just a matter of luck. But here's the truth. Retirement readiness isn't luck. It's clarity, consistency, and having a plan. In this episode, I will share three steps to get moving toward a retirement you will enjoy with less stress and less worry. Hey there and welcome to Wealthy After 40. I'm Dailene Higgins, your podcast host and financial coach. If you're a Gen X woman or couple who's worried about retirement, maybe you feel like you're starting late or don't have enough saved, you're in the right place. This show is all about ditching the financial stress and creating a retirement plan that works for your life now and later.
So grab your favorite drink, settle in, and let's figure this out together. Welcome to the episode. I'm excited to dive into retirement readiness yet again. But this side of the coin, instead of it being about those who are just going to work until they die, this side is for those individuals who are just hoping retirement is going to be okay. It's going to happen. It's going to be fine. I see other people do it. Well, can I be honest with you? Retirement readiness isn't about luck, right? And honestly, you shouldn't be gambling with that next phase of life. It can be amazing and it will be amazing if you focus on clarity, consistency, and having a plan. Those are the three things I'm going to walk you through in this episode.
Now, before we dive into that, If you're curious, like, am I really retirement ready or how close am I? I want to invite you to take my retirement ready quiz. You can find it at elevatefinances.us backslash quiz. For less than five minutes, you're going to answer a few questions and you will be given a score.
Who is this episode for and what perspective does the host bring?
So right there, you know. Clarity, how much, but also reading through those questions, clarity about the things that you should be thinking about, concerned about, planning, all of those things. But then in a follow-up email, you're going to be given some action steps. There you have a plan. And then you just need to throw in consistency, clarity. I'm going to walk through that in this episode. So, so simple, so easy. So I invite you again to head over to elevatefinances.us backslash quiz and take that, get those steps, get started in taking action toward a beautiful retirement for yourself. Okay, so three steps. We're going to start off step one, clarity. Why does clarity matter in retirement? Now, you know, I say retirement is more than just the numbers.
And it is true. It is true. It comes down to the number, but understanding like what retirement looks like for you. Think about that. What does retirement look like for you? It's kind of a different way of thinking about it. What does it look like for me? What do I want it to be? You know, all of those things, it doesn't have to be like anybody else's. You can do whatever you want. So some key points are, what does retirement mean to you? Maybe it's a conclusion of your working, but then what does it mean? And what excites you most about retirement? Now, if you can't get excited, my guess is that you've got some limiting beliefs in there, some things that are holding you back in that ability to even see you retired.
So I want you to project being retired. What does that look like? And that it is possible because that's why we're here. I believe anybody can retire. We can make it happen. The second clarity piece is your timeline. Now, I really took a deep dive in episode 161. So if you have not listened to that, go listen to that. But knowing your timeline, meaning in X amount of years and that episode, I tell you, you know, it could be this or this, but I want you to write down this number. It could look like 12 years, 15 years, you know, And by the time you reach our age, that's not a lot of time. But it can also be exciting because it's not a lot of time. I was with my husband the other day and I said, wow, you know, I on the flip side thought 32 years was a really long time to work.
And then being on this side of it, no, it wasn't very long.
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Chapters
3 chaptersSpeakers
1 identifiedMore from Wealthy After 40: Retirement Planning and Budgeting for Gen X
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