Ep 98 | Retirement 101: Creating a Fulfilling Next Chapter, Your Retirement
episode
Wealthy After 40: Retirement Planning and Budgeting for Gen X
20 min
2 speakers
2 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
How does this episode define a retirement lifestyle you'll love?
Today's episode, we're wrapping up the retirement planning series, supporting you and creating a vision, creating a retirement lifestyle that you will love. Remember, I say retirement is more than just money. Welcome to Wealthy After 40, where I help you turn retirement uncertainty into a clear, actionable plan. If you're thinking about retirement but feel unsure whether it's even possible, I understand. The gap between where you are now and where you want to be can feel overwhelming, but it doesn't have to. Hi, I'm Dailene Higgins, founder of Elevate Finances and your personal financial coach. Having retired at the age of 50 and have enjoyed over two years of retirement bliss, I'm here to help you create your retirement dream and make it a reality.
No more wondering, no more guessing, just taking action and building a future for yourself. Join me each week as I guide you through essential topics such as budgeting, cash flow, lifestyle planning, debt and savings, insurance, Medicare, and social security. Together, we'll build a strategy to help you achieve the retirement you've always desired. It's time to shift from uncertain to unstoppable and make your retirement dreams a reality. Welcome to part four of the Retirement 101 series. I'm excited to wrap up this series helping you get a full picture of retirement planning. That was my goal with doing this series, supporting you into... Making it more simple of all of the aspects of retirement planning and lose that overwhelm.
There's so much information out there and being able to get it maybe dialed in to the specifics of what you need to be focused on. how, and all of those wonderful things. If you have not yet, download the Retirement Readiness Checklist. It explains in two different ways by topic and by timeline the specifics of what you need to be doing. This series supports that checklist by giving you practical advice, giving you stories. Hopefully you can better understand those specifics on the checklist. But having that list and knowing what you need to do is gold as well. Today's topic is creating a retirement lifestyle you'll love. How many times have you heard somebody say, I am so bored. I got to go back to work.
I don't know why I retired or anything very similar. I know I've heard it And it doesn't need to be that way. This is a new phase. This should be exciting. We should be creating a new life in a sense. We went from all of our education up through secondary, even if you did college or if you didn't, into working. That was our life. That was our life. That's what we did. We raised kids in there if you did have that wonderful opportunity. And all of those things. And now we get to embark on a new adventure. But it does take a little bit of planning. It does take a little bit of forethought. This is where I believe the financial planning industry is not covering. They're failing just a little bit here in helping people have meaningful lives in retirement.
Some individuals have that example. Some individuals just know to do it. Some individuals kind of figure it out haphazardly. I just see so many people. In fact, I just did a podcast interview and the young girl said, my mom's been retired about three or four years. And she's like, I need to just go get a job. I'm just going to go be a greeter at Walmart. Just be. right? Just go. That is what it caught me up. I don't care what you go and do. And if you're choosing it for purpose and reason, that's what we're going to dive deeper in today is the non-financial aspects. There's too much placed on growing your money and getting it there. And then they leave you hanging. Let's start with why. kind of a vision exercise I have in my coaching where we talk about three different types of experiences to kind of get the juices flowing with creating your vision.
The first thing I want you to think about is your great experiences. What do I mean by that? Well, these are the big, the grandiose. There's more people than not who I want to go travel. They might be traveling in the States.
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Chapters
2 chaptersSpeakers
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