Podcasts Archive - Page 16 of 70 - Retirement Wisdom

Have you listened to our Podcast yet? Start listening today to maximize your retirement years! CLICK HERE

CLICK HERE to hear our podcast!

 

_________________________

Today’s Building Block: Personal Growth

If you’re planning for retirement, you’re well-versed in figuring out how to balance work and life. You may be tempted to think you won’t need to worry about that once you retire. But not so fast. If you’re planning an active retirement, you’ll need to be thoughtful in balancing the different domains of life and creating harmony among them. Several practices from Stew Friedman’s Total Leadership model can help you be  intentional about your next phase of life. Start with Stew Friedman’s free tool at Total Leadership.org:

Create Your Four Circles Picture

Stew Friedman joins us from suburban Philadelphia.

_________________________

Bio

Stew Friedman, founder and CEO of Total Leadership, is an organizational psychologist at the Wharton School of the University of Pennsylvania, where he has been on the faculty since 1984.  He worked for five years in the mental health field before earning his PhD from the University of Michigan.  As founding director of The Wharton Leadership Program, in 1991 he initiated the required MBA and Undergraduate leadership courses.  He also founded Wharton’s Work/Life Integration Project in 1991.  Friedman has been recognized by the biennial Thinkers50 global ranking of management thinkers every cycle since 2011 and was honored with its 2015 Distinguished Achievement Award as the world’s foremost expert in the field of talent. He was listed among HR Magazine’s most influential thought leaders, chosen by Working Mother as one of America’s most influential men who have made life better for working parents, and presented with the Families and Work Institute’s Work Life Legacy Award.

While on leave from Wharton for two-and-a-half years, Friedman ran a 50-person department as the senior executive for leadership development at Ford Motor Company. In partnership with the CEO, he launched a corporate-wide portfolio of initiatives designed to transform Ford’s culture; 2500+ managers per year participated.  Near the end of his tenure at Ford, an independent research group (ICEDR) said the LDC was a “global benchmark” for leadership development programs.  At Ford, he created Total Leadership, which has been a popular Wharton course since 2001 and is used by individuals and companies worldwide, including as a primary intervention in a multi-year study funded by the National Institutes of Health on improving the careers and lives of women in medicine and by 135,000+ students in Friedman’s first MOOC on Coursera.  Participants in this program complete an intensive series of challenging exercises that increase their leadership capacity, performance, and well-being in all parts of life, while working in high-involvement peer-to-peer coaching relationships.

His research is widely cited, including among Harvard Business Review‘s “Ideas that Shaped Management,” and he has written two bestselling books, Total Leadership: Be a Better Leader, Have a Richer Life (2008) and Leading the Life You Want: Skills for Integrating Work and Life (2014), now being taught as a MOOC on Coursera. His third Harvard Business Press book was Parents Who Lead: The Leadership Approach You Need to Parent with Purpose, Fuel Your Career, and Create a Richer Life (2020). In 2024, The Wharton School Press published a new edition of his landmark study of two generations of Wharton students, Baby Bust, 10th Anniversary Edition: New Choices for Men and Women in Work and Family.  Work and Family – Allies or Enemies? (2000) was recognized by the Wall Street Journal as one of the field’s best books.  In Integrating Work and Life: The Wharton Resource Guide (1998) Stew edited the first collection of learning tools for building leadership skills for integrating work and life.

Winner of many teaching awards, he appears regularly in business media (The New York Times cited the “rock star adoration” he inspires in his students).  Friedman serves on a number of boards and is an in-demand speaker, consultant, coach, workshop leader, public policy advisor (to the U.S. Departments of Labor and State, the United Nations, and two White House administrations), and advocate for family-supportive policies in the private sector. Follow on Twitter @StewFriedman and LinkedIn, read his 50+ digital articles HBR.organd listen to his podcast  Work and Life with Stew Friedman, which began in 2014 as a nationally broadcast show on SiriusXM Wharton Business Radio.

_____________________________

For More on Stew Friedman

Total Ledadership.org

the Total Leadership book

_____________________________

Podcast Episodes You May Like

The Portfolio Life – Christina Wallace

Working Identity – Herminia Ibarra

Edit Your Life – Elisabeth Sharp McKetta

Live Life in Crescendo – Cynthia Covey Haller

_____________________________

Mentioned in this Podcast

How Seniors Are Saving the World With Activism – Thelma Reese

_____________________________

Retiring? Check out these Best Books on Retirement

_____________________________

Wise Quotes

On Four Way Wins

“So people come up with ideas for real world experiments toward what I call four way wins. What can you do? What steps can you take within your scope? It doesn’t have to be huge. In fact, smaller is better because it’s more likely to be doable that you believe is going to have a positive impact on your work, your home, your community, and for you personally. And people worldwide have been doing this, hundreds of thousands of them coming up with ideas for innovation that they then try in the laboratory of their real lives. And there’s all kinds of experiments that people try…People come up with all kinds of wonderful creative ideas, but we identified nine different archetypes for the things that people do. And then they try them and they gather data on what works and what doesn’t after creating a simple action plan and a scorecard. And then they learn from these experiments what it takes to create change that’s really sustainable because it works not just for you, not just for your family, not just for your community, not just for your professional life, but for all of those different parts.”

On an Ideal Day in the Future

“The way we do that is real simple exercise that is really powerful. It is to simply imagine a day in the future, and usually we choose 15 years out, which for retirees is pretty scary or can be, but it’s a useful marker because it’s too far out to plan, but it’s far enough that you could sort of see it. So just imagine an ideal day, 15 years from now, what are you doing on that day, morning, afternoon, evening, with whom and why? With what impact do you expect to be having? And so when people do that, very often, even elderly people, they realize, wow, that is the day I want to be living. Maybe I should take some steps to make that the day I’m living right now. So part of the purpose of articulating your vision of an ideal future is to inspire you and then others to be making that more of your life presently. So the revealing and engaging kinds of experiments involve people taking that leadership vision and sharing it with other people and asking them to do the same, or I mentioned earlier about how people uncover their values powerfully by looking at their own life histories and identifying the episodes in their histories, even going back to childhood that have shaped their values to bring those stories and to practice doing so, but to bring them into the real world of real relationships and ask others to do the same.”

On Service 

“Please do the model of Learn, Earn, Serve. In terms of life stages, I think it’s been true for many people, although I think it’s misguided and that we should be learning, earning, and serving in every phase of our lives, even if in different measure across the different phases. So certainly as you have, if you’re lucky, more opportunity to serve others who were in greater need than you, and that’s most of humanity, you’re going to feel better about yourself if you do that, people are going to want to be around you more if that’s something that you care about. There are people who reach old age and they just want to be alone. And certainly there are days when I would rather be on a mountaintop and not interacting with any other human being, and I try to create some space for activities of that sort. You need to just be with yourself sometimes. But in terms of service, I mean, that is a great and noble activity. And again, it keeps you vital and you’re going to feel better about leaving the earth, leaving the world of your real relationships. If you feel like you are using the resources that you’ve got, your skills, your attention, maybe some of your treasure to be helping others, that’s certainly what other people are looking for you to do.”

__________________________

About Retirement Wisdom

I help people who are retiring, but aren’t quite done yet, discover what’s next and build their custom version of their next life. A meaningful retirement doesn’t just happen by accident. Schedule a call to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one – on your own terms.

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1 % globally in popularity by Listen Notes, with over 1.2 million downloads. Business Insider has recognized Joe as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.

Let’s delve into one of your most important and longest running relationships – your relationship with food. Like all relationships, it’s emotional. Dr. Jud Brewer joins us to discuss his new book The Hunger Habit:Why We Eat When We’re Not Hungry and How to Stop. He shares how to practice mindfulness, replace judgment with curiosity, change your habits and cultivate a healthier relationship with food.

Dr. Jud Brewer joins us from Rhode Island.

_________________________

Bio

Jud Brewer, MD, Ph.D. (“Dr. Jud”) is a New York Times best-selling author and thought leader in the field of habit change and the “science of self-mastery,” who blends over 20 years of experience with mindfulness training and a career in scientific research. He is passionate about understanding how our brains work, and how to use that knowledge to help people make deep, permanent change in their lives — with the goal of reducing suffering in the world at large.

Dr. Jud is the director of research and innovation at Brown University’s Mindfulness Center, where he also serves as an associate professor in Behavioral and Social Sciences at the School of Public Health and Psychiatry at the School of Medicine at Brown University. Additionally, he is the executive medical director of behavioral health at Sharecare, the digital health company helping people manage all their health in one place, and a research affiliate at Massachusetts Institute of Technology. Previously, Dr. Jud held research and teaching positions at Yale University and the University of Massachusetts’ Center for Mindfulness. Read more about his research.

As a psychiatrist and internationally known expert in mindfulness training for treating addictions, Dr. Jud has developed and tested novel mindfulness programs for habit change, including both in-person and app-based treatments for anxiety, emotional eating, and smoking (Unwinding AnxietyEat Right Now and Craving to Quit).

Based on the success of these programs in the lab, he co-founded MindSciences, Inc. to create app-based digital therapeutic versions of these programs for a wider audience, working with individuals, corporations, and health systems to put effective, evidence-based behavior change guidance in the hands of people struggling with unwanted behaviors and “everyday addictions.” Sharecare, Inc. acquired MindSciences in 2020.

Dr. Jud has also studied the underlying neural mechanisms of mindfulness using standard and real-time fMRI and EEG neurofeedback, adding to the understanding of the brain’s “Default Mode Network” and the role of the posterior cingulate cortex (PCC) in self-referential thinking.  He regularly gives talks on the intersection of modern science and ancient meditative practices, helping to expose a modern audience to specific techniques and insights first discovered 2,500 years ago.

He has published numerous peer-reviewed articles and book chapters, trained US Olympic athletes and coaches, foreign government ministers and corporate leaders. His work has been featured on 60 Minutes, TED, The New York Times, The Wall Street Journal, The Today Show, TIME, The Washington Post, Forbes, CNN, BBC, NPR, and more.

His work has been funded by the National Institutes of Health and American Heart Association, among others.

In addition to The Hunger Habit: Why We Eat When We’re Not Hungry and How to Stop, he is the author of The Craving Mind: From Cigarettes to Smartphones to Love, Why We Get Hooked and How We Can Break Bad Habits (New Haven: Yale University Press, 2017) and the New York Times best-seller, Unwinding Anxiety: New Science Shows How to Break the Cycles of Worry and Fear to Heal Your Mind (Avery/Penguin Random House, 2021).

Dr. Jud and his wife Mahri live in Massachusetts where they enjoy biking, hiking, and meditating with their cats, Samson, Ananda and Julian of Norwich.

______________________

For More on Dr. Jud Brewer

The Hunger Habit:Why We Eat When We’re Not Hungry and How to Stop

Dr. Jud.com

______________________

Podcast Episodes You May Like

The Mindful Body – Ellen Langer

Self-Compassion – Dr. Kristin Neff

Tiny Habits Can Lead to Big Changes – BJ Fogg

_______________________

Our second Design Your New Life in Retirement program of 2024 starts on April 26th – Learn more and join us

_______________________

See our recommended Best Books for retirement here

_______________________

Wise Quotes

On Habit Loops

“And the way it works is we get people to map out these habit loops. What type of food am I reaching for because I’m hungry or because I’m bored, sad, angry, tired, lonely? And just to put these into categories, the hunger out of true physiologic need is called homeostatic hunger. We’re out of homeostasis, out of balance. And that which is coming out of emotion. It’s a misnomer. I love the term because it’s a misnomer. It’s called hedonic hunger. We’re not hungry, but we’re eating because of an emotion. So when it comes to the latter, well, when it comes to either, we can start paying attention. And so we can just ask the question, why am I eating? Am I hungry or is it something else?”

On Mindfulness

“Here is how we break bad habits. And how this works is one simple ingredient which is paying attention. We have to pay attention to see that it’s really good or it’s really not so good. And in fact, my lab did a study so we could actually have people pay attention as they overeat. Are you ready for this? It only takes 10 to 15 times of somebody overeating for that reward value to drop below zero, and they start to shift that behavior. Notice how he didn’t mention the word willpower at all. This is about awareness and it doesn’t take that long, which is really good news.So mindfulness is a concept, and it can mean many things to many people…So here, mindfulness is like salt. It’s made up of different elements. The element of awareness is one, and the element of curiosity is another. So maybe salt’s a good analogy here. So you’ve got to be aware, but you also have to bring this attitude of curiosity for it to equal the compound of mindfulness. And so really it’s about this curious awareness…  So it’s really about paying attention.”

On Growth Mindset

“So often we get in the habit of beating ourselves up and judging ourselves, thinking that that’s going to propel us into behavior change. Well, in fact, what it does is it locks us into not being in a place where we can grow. It puts us into a fixed mindset instead of our growth mindset. So bringing kindness to every moment and every step of the journey is really important…I see people struggle with this all the time, change is scary because our brains don’t like change. And so just knowing that our brains going to resist because our brain is set up to say, Oh, this is different. Is it dangerous? And so looking around reminding ourselves, Yeah, this seems scary, but that’s just my survival brain saying, Hey, are you sure you want to do this? And then we can look around and reassure our brains, this isn’t dangerous. It might actually be anti-dangerous, it might be helpful and healthy. That can help us lean in. And the curiosity can go a long way for that as well. So we move into our growth zone instead of getting stuck in our panic zone.”

______________________

About Retirement Wisdom

I help people who are retiring, but aren’t quite done yet, discover what’s next and build their custom version of their next life. A meaningful retirement doesn’t just happen by accident.

Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one – on your own terms.

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1 % globally in popularity by Listen Notes, with over 1 million downloads. Business Insider has recognized Joe as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.

 

 

You’ll need more than a vision for a great retirement.

Early Registration for our 2nd Design Your New Life in Retirement small group program of 2024 is now open.

Starts on April 26th. Join us 

_________________________

Today Building Blocks: Wellness and Work

Is there something you love to do that could help others?  Harry King, 81, found a way to return to work part-time doing something he loves – helping others get fit.

________________________

Retiring? See our Best Books on Retirement here

_________________________

For More on Harry King

This 81-year-old fitness trainer rejoined the workforce after retirement: ‘We can do more than most people think we can do’

See Harry King & Team in Action on Good Morning America

_________________________

Podcast Episodes You May Like

The Joy of Movement – Kelly McGonigal

How to Get Stronger After 50 – Dave Durell

The Unretirement Life – Richard Eisenberg

___________________________

Wise Quotes

On Purpose

“You’ve got to have a sense of purpose to get up every day. That’s important. If you can’t define that, you’re going to waste some valuable years. Our later years we can do so much and achieve so much and enjoy life so much. Look for things that you enjoy doing. Look for the things that affect you emotionally and define that purpose. Look for it and find it. What do you want to achieve?  What can you do to make the world a better place? And do it. If you can get paid for it, that’s great. If you do it as a volunteer, that’s great too.”

On Challenge

“We need to challenge ourselves on a regular basis. Let’s not be complacent with our lives. There’s so much out there, so much a life we have to live. And the more we challenge ourselves, those mountains we climb, not Everest, but the other mountains we have in front of us that we can climb, that make us stronger. Tthat makes us enjoy the victories and helps us enjoy the victories. We’ve got to pursue those things. That’s my philosophy.”

On Working in Later Life

“Just because we’re aging doesn’t mean we can’t do different jobs. Today, we age a whole lot stronger. I started to say slower, but our mental capacity is stronger. I think for the most part, we’re smarter. I think we’re stronger physically, or we can be, and we should be. We’re living longer, obviously, so let’s give us a chance to be productive as we age. Help that employer…be willing to take a chance on that older guy.”

____________________________

About Retirement Wisdom

I help people who are retiring, but aren’t quite done yet, discover what’s next and build their custom version of their next life. A meaningful retirement doesn’t just happen by accident.

Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one – on your own terms.

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1 % globally in popularity by Listen Notes, with over 1 million downloads. Business Insider has recognized Joe as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.

You’ll need more than a vision for a great retirement.

Early Registration for our 2nd Design Your New Life in Retirement small group program of 2024 is now open.

Starts on April 26th. Join us 

______________________

Who can benefit from your life story? What do you want your children and grandchildren to remember about you? The concept of legacy is being redefined and goes beyond financial assets to value hard earned life lessons and wisdom. Dr. Jandi Kelly, of A Talk to Remember, shares her insights on life purpose and ways to share your life story and wisdom across generations.

Dr. Jandi Kelly joins us from Bend, Oregon.

________________________

Bio

Dr. Jandi Kelly is the founder of A Talk to Remember, a boutique production company that helps families and organizations capture their legacies in documentary films and oral history projects. For the past fifteen years, Jandi has worked as a university researcher, instructor, and administrator at the University of Chicago, Northwestern University, and the University of Michigan. She received her Ph.D. in higher education from the University of Michigan and her academic scholarship focuses on the topics of teaching and learning, life purpose, and identity development. Her research has been featured in The Journal of Higher Education and other publications. Jandi and her family live in Bend, Oregon, where she serves on the board of trustees for an independent K-12 experiential learning school.

________________________

For More on Dr. Jandi Kelly

A Talk to Remember 

________________________

Podcast Episodes You May Like

A Round of Golf with My Father – William Damon

The Vintage Years – Dr. Francine Toder

The New Age of Aging – Maddy Dychtwald

Inward Traveler – Francine Toder PhD

_________________________

Wise Quotes

On Life Purpose

“…it’s helpful to actually define what we mean by life purpose…One of the definitions that I really appreciate is how our talents that we enjoy using intersect with the need in the world or our community that we find to be personally meaningful. And what I really like about that definition is that unlike some specific personal goals that we may have, it extends beyond aims of personal meaning to a desire that we want to make a difference in the world. And so therefore, it’s self transcendent in nature. What the research demonstrates is that having a sense of purpose is associated with a host of benefits across the lifespan as well as later in life. When we think about how life purpose can be beneficial throughout our lives, one of the most overarching benefits is that it really helps us live with greater intentionality in how we spend our days and to remain true to ourselves while benefiting the greater good. And so, in a way, we can think about purpose as a guide that takes us in the right direction. And I know that you had one of your earlier conversations was with Bill Damon out of Stanford, the renowned developmental psychologist, and he likens purpose to an ultimate concern or a final answer to the question of why. So why am I doing this? Why am I striving to accomplish this end? And in that way, purpose is the reason behind our immediate goals, and it’s a motive that drives most of our daily behaviors.”

On Storytelling 

“…when we think about the contributions that we want to make through our stories, we not only have an ability to really impact youth when it comes to the wisdom that we’re passing on, but we also see as we tell our stories that our lives have purpose….And with that, when we think about the stories that we have and when we are afforded time, especially later in life, to really do an inventory of our life, we have an ability to carry our life lessons and experiences with us. And not only do we bring them with us, but they provide a rich opportunity for learning about how we might want to build a rewarding future and repeat some of the things that worked well in the past and maybe take a different path than where we may have misstepped in the past…75% of retirees across the US, as well as 83% of adult children have indicated that their memories, values and life lessons are the most important elements of their legacies that they want to pass on to loved ones. And it makes sense because in the long run, we can’t keep the money with us. It comes and it goes, and at the end of the day, it isn’t our house, it isn’t our property that is going to matter the most to us it’s our relationships and our values are what are really at the core of what matters.”

On Celebrating Life Together

The Wall Street Journal recently published an article that one of adult children’s greatest regrets is that only one in three adults know the stories behind their parents’ accomplishments. And it’s something that I’m sure we’ve all heard, and when I talk to folks about what I do, I can’t tell you how many times I hear, I wish I just had five more minutes with my Mom, or I wish I would’ve asked Dad that question. And so I think that seeing that just sense of peace and relief that my parents’ story was down was definitely one of the greatest outcomes. And then also another thing that’s documented again and again in the literature is just the benefits of sharing our personal stories to strengthening our interpersonal relationships. So it’s not only a benefit for when we’re gone, but while we’re still here and how we can celebrate our lives together.”

_________________________

About Retirement Wisdom

I help people who are retiring, but aren’t quite done yet, discover what’s next and build their custom version of their next life. A meaningful retirement doesn’t just happen by accident.

Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one – on your own terms.

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1 % globally in popularity by Listen Notes, with over 1 million downloads. Business Insider has recognized Joe as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.

Early Registration for our 2nd Design Your New Life in Retirement small group program of 2024 is now open

________________________

Aging in place? Downsizing? Decluttering? Moving? These topics can give pause to those of us of a certain age. Syndicated columnist and author Marni Jameson reframes those terms with an alternative choice: rightsizing. So forget downsizing. Instead focus on what is the right size home for your lifestyle going forward. And Marni Jameson expands the menu of options to include upsizing, same-sizing and bright-sizing as you consider where to live next.

Marni Jameson joins us from Florida.

_________________________

Bio

Marni Jameson is the author of Rightsize Today to Create Your Best Life Tomorrow: A Motivational Guide for Those Seeking Their Ideal Home Later in Life. Marni is a nationally syndicated home-design columnist, award-winning journalist, speaker, and frequent TV guest. Her humorous and helpful column, “At Home with Marni Jameson,” appears weekly in two dozen papers nationwide, reaching several million readers and more through social media and her blog. Her fans include readers who have been following the author’s home adventures for two decades. She has been featured on such primetime shows as NBC Nightly News and Martha Stewart Living. As one reviewer wrote, “Think Erma Bombeck meets Rachael Ray in one humble yet helpful package.” She is the author of seven books, including Downsizing the Family Home: What to Save, What to Let Go, a #1 Amazon bestseller that won numerous awards.

_________________________

For More on Marni Jameson

Rightsize Today to Create Your Best Life Tomorrow: A Motivational Guide for Those Seeking Their Ideal Home Later in Life by Marni Jameson

At Home with Marni Jameson

_________________________

Podcast Episodes You May Like

Keep the Memories, Lose the Stuff – Matt Paxton

Where to Retire – Silvia Ascarelli

Where Will You Live Next? – Ryan Frederick

Thriving in Place – Lisa Cini

_________________________

Retiring soon? Visit our recommended Best Books on Retirement

____________________

Wise Quotes

On Rightsizing

“It’s really about what do you need in your life going forward. I like to define right-sizing as moving to or creating a home that is the perfect physical, emotional, social and financial fit. So I think about four puzzle pieces, the physical…the emotional… the social and  it’s got to be financially comfortable for you, obviously, or that’s not going to work. So all that has to click. What happens is that people get to the sort of freedom threshold, their late fifties, early sixties where they are no longer commuting to a job. They may have bought the house they live in because it was near their work or near their kids’ schools or the schools they wanted their kids to attend. And fast forward 20, 30 years we’re about where you are and the kids are out of the house. The schools don’t really matter to you anymore or at all, and you are working remotely or you’re retired or you’re planning to retire or you can work from anywhere. And so why are you living in this house that has five bedrooms and you still have your kids’ Cub Scout uniforms in the attic? I mean, this is nuts. So really start envisioning what would you do. What would it look like? What would your house be like? Do you want more bedrooms so you can have the grandkids stay with you? Do you want fewer because nobody’s coming anymore? You want to lock and go travel?”

On Challenges in Rightsizing

“The biggest obstacles I hear people have are it’s just too much trouble. I have too much furniture, or there are too many memories here. And this sort of complacency kicks in this inertia and people get weighed down by stuff. It makes me sad that their stuff would be preventing them from living their best life in the best place for them. But you look to a point, you need to learn how to let go and just keep evolving and stop living in the past and live for now and the future because darling, that’s all we’ve got.”

On Upsizing & Same Sizing

“The variety of ways to right size include is not limited to smaller, I had a couple…that had a beautiful house on the lake where they raised their kids and they had a lot of parties, but it was too big. After the kids left, they sold that house and bought two, they bought a small lock-up and go house in Florida where they’re from, and they bought another small house in Wisconsin where their first grandbaby was going to be born. So they now have two houses for the price of one. It’s worked beautifully for them. Others have upsized. They just really wanted that bigger house. They always lived a little too tight. The grandkids are coming. It’s actually a third of people who buy a house after age 55 upsize. Half, either same size or upsize. So that’s why it’s rightsizing. It’s not about downsizing, it’s really, really about what you need, what you can afford, and what’s a good fit.”

___________________________

About Retirement Wisdom

I help people who are retiring, but aren’t quite done yet, discover what’s next and build their custom version of their next life. A meaningful retirement doesn’t just happen by accident.

Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make your life in retirement a great one – on your own terms.

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career and create their version of The Multipurpose Retirement.™ He created his own next chapter after a twenty-six-year career at Merrill Lynch, where he was Senior Vice President and Head of HR for Global Markets & Investment Banking. Today, in addition to his work with clients, Joe hosts The Retirement Wisdom Podcast, which thanks to his guests and loyal listeners, ranks in the top 1 % globally in popularity by Listen Notes, with over 1 million downloads. Business Insider has recognized Joe as one of 23 innovative coaches who are making a difference. He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.