Podcasts Archive - Page 26 of 71 - Retirement Wisdom

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Don’t Leave Your Retirement to Chance – Design It.

Registration is now open for the next Design Your New Life in Retirement group coaching program — with Very Early Bird pricing for a short time. Limited to 10 participants.

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Discussions about money with family members can be difficult. Morgan Stanley Financial Advisor Lori Sackler has a new edition of her book The M Word: The Money Talk Every Family Needs to Have about Wealth and Their Financial Future and she shares her insights on how to make them constructive and effective.

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Retire Smarter. Don’t Miss an Episode – Follow on Apple Podcasts or

SubscribeGoogle Podcasts | Spotify | iHeartRadio | Stitcher | TuneIn | RSS

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Bio

Lori R. Sackler is a financial advisor, senior vice president and family wealth director at Morgan Stanley where she leads Evergreen Lane Wealth Management Group. Her team is dedicated to helping individuals and families keep up with change, satisfying their financial security, addressing lifestyle and legacy concerns, and successfully guiding them through life’s transitions. Sackler is a certified investment management analyst, a certified financial planner and non-practicing certified public accountant. She is the author of The M Word: The Money Talk Every Family Needs to Have about Wealth and Their Financial Future and The M Word Journal: How to Have the Money Talk released in 2016. She is the creator and former host of the radio show “The M Word” on WOR in New York City.

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For More on Lori Sackler 

The M Word: The Money Talk Every Family Needs to Have about Wealth and Their Financial Future (Second Edition)

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Podcast Episodes You May Like

The Go-Giver Marriage – Ana Gabriel Mann

An Economist’s Take on Retirement Planning – Larry Kotlikoff

The Key Decisions for Retirement Success – Wade Pfau

SECURE 2.0 – Pam Krueger

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Wise Quotes

On Gender Differences

“That’s a really interesting topic, and I did a lot of research about this. It’s really physiology. Our brains are built differently. As a result, we operate differently, and it impacts the way we make money decisions and how we communicate about things. So it could impact priorities and goals, risk tolerance and then our abilities to communicate about it. Women have a wider corpus callosum, so we can go back and forth between the left and the right brain. We have a slightly larger strategic part of our brain, which allows us often times to think more long-term, where men are more short-term, looking for short-term results, thinking about trading more, whereas women may want a long-term strategy with a multiple manager approach and not so hands-on every day. So I think the gender differences are huge. I try to tell people is these [differences] are universal – they’re not unique to you. This has been confirmed by dozens of studies in over 30 countries with a million participants. [But] we need both minds to make great decisions though.”

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About Retirement Wisdom

I help people who are retiring, but not quite done yet, discover what’s next. A long retirement is a terrible thing to waste.

And a meaningful retirement doesn’t just happen by accident.

Retire smarter. Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make yours great.

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Joe Casey is an executive coach who also helps people design their next life after their primary career. 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. Business Insider has recognized him 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.

Registration is now open for the next Design Your New Life in Retirement group coaching program — with Very Early Bird pricing for a short time. Limited to 10 participants.

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Dr. Gladys McGarey has a wealth of wisdom to share with us from a long life and career as a pioneer in holistic medicine. In her new book The Well-Lived Life: A 102-Year-Old Doctor’s Six Secrets to Health and Happiness at Every Age, she notes that she considers love to be the most powerful medicine. The book details six secrets from her life and practice to cultivate a long, happy and purpose-driven life. She shares what she’s learned about living a full life on the mental, spiritual and physical levels – and the importance of learning how to direct your energy for greater fulfillment and joy.

Dr. Gladys McGarey joins us from Scottsdale, Arizona.

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Retire Smarter. Don’t Miss an Episode – Follow on Apple Podcasts or

SubscribeGoogle Podcasts | Spotify | iHeartRadio | Stitcher | TuneIn | RSS

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Bio

Dr. Gladys McGarey is the author of The Well-Lived Life: A 102-Year-Old Doctor’s Six Secrets to Health and Happiness at Every Age. At 102, he is a still-consulting doctor. Recognized as a pioneer of the allopathic and holistic medical movements, she is also a founding diplomat of the American Board of Holistic Medicine.

She is the cofounder and past president of the American Holistic Medical Association, as well as the cofounder of the Academy of Parapsychology and Medicine and the founder of The International Academy of Clinical Hypnosis.

Dr. Gladys lives and works in Scottsdale, Arizona, where for many years she shared a medical practice with her daughter. She currently has a medical consulting practice, maintains a healthy diet, and enjoys a good piece of cake every now and then. She has spoken at TEDx.

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For More on Gladys McGarey

The Well-Lived Life: A 102-Year-Old Doctor’s Six Secrets to Health and Happiness at Every Age

Website

Join on Instagram Live every Tuesday at 11:00 AM Mountain Time (follow @begladmd)

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Podcast Episodes You May Like 

Design the Long Life You Love – Ayse Birsel

Wellness to Wonderful – Dr. Alona Pulde & Dr. Matthew Lederman

Taking Stock – Dr. Jordan Grumet

Getting Good at Getting Older – Rabbi Laura Geller

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Wise Quotes

On Love and Holistic Medicine

“Well, the basic healing essence is love. And if we’re in a life situation where we aren’t understanding about love, we’re going to have a really hard time working with healing. Because that’s what I found my parents were doing. They were loving the people. And I knew that that’s what was the essence of it. Native Americans have known this forever. And even the Bible says, God is love. Well, if you’re going to work that way, you better get some basic understanding about what love is. And, so it was when we don’t,  think most, any modality that we use, if it’s used in a loving attitude and a in a loving outreach to the physician within the patient themselves, then we’re going to  get some kind of response.”

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On The Value of a 10 Year Plan

“Well, in my life, there have been so many things that I’ve reached for and wanted to get and get done and so on. And, sometimes they do and sometimes they don’t. And,  I’ve found that if you make your plan too short, you get discouraged. But if it’s a 10 year plan, it gives you some reaching area. Okay, well, I didn’t make it in this five years, but in another five  years maybe I could make it happen. It’s a reality that life has to move and as it’s moving, it takes time.”
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On Why You Should Start Pedaling
“When I got to thinking about tricycles, it’s a perfect example for holistic medicine. You start out with first two wheels. They’re,  body and mind, and they’re there and they’re good, and they’re connected with a strong support system. And so the infrastructure is good, but what’s it going to do? You’ve got two wonderful wheels and they’re there and they can go round and round and round. But until you get that third wheel in front of the two back there, which is  the body and the mind, you get the spirit in front and the will and the purpose in the front wheel. So now you’ve got a holistic structure. However, that holistic structure can’t do anything until somebody climbs up on that seat and sits down and grabs hold of the handlebar and starts pedaling.”
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About Retirement Wisdom

I help people who are retiring, but not quite done yet, discover what’s next. A long retirement is a terrible thing to waste.

And a meaningful retirement doesn’t just happen by accident.

Retire smarter. Schedule a call today to discuss how The Designing Your Life process created by Bill Burnett & Dave Evans can help you make yours great.

________________________

Joe Casey is an executive coach who also helps people design their next life after their primary career. 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. Business Insider has recognized him 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.

 

 

Welcome to a new episode of  The Retirement Wisdom Podcast, where we explore useful ideas and different perspectives that can help you retire smarter. Do you have a clear picture of yourself in the future? What will you be doing in your life in retirement? Hal Hershfield is a professor of marketing and behavioral decision-making at UCLA. His research shows that getting to know Your Future Self can not only help you make smarter decisions to prepare for the future, but also benefit you in the present. His new book Your Future Self: How to Make Tomorrow Better Today examines the world of our future selves and how we can bridge the gap between our present actions and long-term goals – and why you’ll want to develop a vivid picture of and a closer connection with your future self.

Hal Hershfield joins us from California.

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Registration is now open for the next Design Your New Life in Retirement group coaching program — with Very Early Bird pricing. Limited to 10 participants.

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Bio

Hal Hershfield is the author of the new book Your Future Self: How to Make Tomorrow Better Today.  Hal is a Professor of Marketing, Behavioral Decision Making, and Psychology at UCLA’s Anderson School of Management and holds the UCLA Anderson Board of Advisors Term Chair in Management. His research, which sits at the intersection of psychology and economics, examines the ways we can improve our long-term decisions. He earned his PhD in psychology from Stanford University.

Hershfield publishes in top academic journals and also contributes op-eds to the New York Times, Harvard Business Review, the Wall Street Journal, and other outlets. He consults with the Consumer Financial Protection Bureau, many financial services firms such as Fidelity, Morgan Stanley, Merrill Lynch, and Avantis. The recipient of numerous teaching awards, Hershfield was named one of “The 40 Most Outstanding B-School Profs Under 40 In The World” by business education website Poets & Quants.

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For More on Hal Hershfield

Your Future Self: How to Make Tomorrow Better Today

Website

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Podcast Episodes You May Like

Happier Hour – Cassie Holmes

Chatter & Your Inner Voice – Ethan Kross

Retire Happy – Catherine Sanderson

The Gift of Gratitude – Glenn Fox

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Wise Quotes

On Visualizing Your Future Self

 

“…One is to try to really figure out ways that we can ramp up the vividness of our future self….what can we do to make that future self more vivid and more concrete and less abstract? One thing we can do is write a letter to our future self and then write a letter back from our future self. And I think I really want to stress the back part because it kind of forces us to step into the shoes of our future self and see the world through their eyes. Engage in some visualization exercises where we try to think about deeply what’s my life going to be like? How will I spend my time? Who will I spend it with? Am I workin  not all the time? Am I traveling? What am I doing with myself? I think most people in the retirement space, in the financial planning space, they think of the future selves. It’s not like this is a foreign concept, but it’s always done at an implicit level. You talk about retirement, you talk about decumulation strategies, you talk about annuities, whatever. It’s all sort of done in a very abstract and implicit way. But to like really bring the self back into the conversation, [ask] who am I? What am I going to be doing? That’s where I think we can start to see some change in the way we really think about that period of time.”

 

On the FIRE Movement

“And so, the question really does become one of harmony. How can I both live for today and live in a way that puts myself in a good position in the future? And there’s no easy answer here, but the way that I like to think about this is, there may be times when it makes sense to spend the money. There may be times when it makes sense to celebrate right now, especially so that we can enjoy the experience now and later, right? Retrospectively, now the problem arises when I do that all the time. If I convince myself, every time there’s an opportunity to upgrade whether it’s with my car or my TV or the concert tickets or whatever, if every time I do that, I take the opportunity, surely now I’m living myopically, right? And so, I like to think about what other researchers have called The Big Why to say Well, what is the thing that drives me? What’s really at the core of my values? What’s most important to me? Is food the most important thing to me? Is it family? I’m not here to judge what those things are. But if I sort of bring my decisions back to The Big Why, it can help orient me to say, Well, in this particular experience, I’m going to go for it or In this one I’m going to pull back a little bit. And, and my suggestion is that that may help.”

 

On Thinking About the Future in Days, Not Years 

“So this is research done by Neil Lewis and Daphna Oyserman. They had this realization that, days move fast, years move slow. And they did something really interesting. They got people to think about all different sort of future events, whether it’s retirement or my kids going to college, things like this. And they framed those events as occurring in either days or years. So in 30 years you’ll retire, or in 10,950 days, something like this. Well, what happens is when you frame it in terms of the days, people feel as if the event is coming sooner. There’s something ironic about this because the number is bigger, right? Almost 11,000 versus 30 – but 30 years feels like a vast expanse of time, almost 11,000 days. That feels like a lot too. But at the same time, it’s like one day goes to the next and the next and the next and the next. I can understand why so many people would say that event feels like it’s happening sooner. And not only did they feel as if it was happening sooner, they were considerably more likely to say that they’d want to start planning sooner for those events.”

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About Retirement Wisdom

Planning for retirement goes well beyond your 401k or IRA. How will you invest your time after your full-time working years
You’ll need a different portfolio.
I help people create a multipurpose retirement, with the right mix of interests, activities and pursuits to invest your time wisely. And for many it includes a new version of work in some form– redefined on your own terms with more flexibility and meaning.

Schedule a call to see how the Designing Your New Life process can give you an edge in your next chapter.

Visit retirementwisdom.com for tools and resources to help you retire smarter.

___________________________

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career. 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. Business Insider has recognized him 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.

 

 

 

According to The Small Business Administration over 46% of private sector workers in the US are employed by small businesses [1] and 57 million workers are not covered by employer-sponsored retirement plans. In her second act career as a venture-backed entrepreneur, Jean Smart is bringing simplified 401K solutions to small business owners to offer their employees.

Jean Kim Smart joins us from New York.

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Retire Smarter. Don’t Miss an Episode – Follow on Apple Podcasts or

SubscribeGoogle Podcasts | Spotify | iHeartRadio | Stitcher | TuneIn | RSS

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Bio

Jean Smart was the managing director, head of business strategy, corporate and institutional advisory solutions at UBS in 2020, and had spent her 20+ year career as a Wall Street executive. Then, at the height of the COVID-19 pandemic, she observed millions of small businesses around the country struggle, reminding her of how her immigrant parents—owners of a grocery store and restaurant in Los Angeles—cared for their family and employees but failed to invest in their own retirement, leaving them vulnerable in old age.

Jean was inspired to move on from her steady financial services career and begin her second act. She founded Penelope, a venture-backed 401(k) platform focused on micro and small businesses. There are over 5 million micro businesses (less than 50 employees) across the U.S., and Jean recognizes the untapped potential of helping these entrepreneurs support and retain their employees with a best-in-class retirement program that’s simple, affordable, and effective to use in solving the retirement crisis facing the 57 million U.S. workers without a company-sponsored retirement plan.

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For More on Jean Kim Smart 

Penelope 401(k)

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Related Article:

‘You have an obligation.’ Employers need to step up to help workers prepare for retirement.

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Podcast Episodes You May Like

What’s Your Exit Strategy? – Ashley Micciche

Best Of The Retirement Wisdom Podcast – Money Matters

The Future of Global Retirement – Jodan Ledford

Rethinking Retirement – Eric Phillips

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Wise Quotes

On Mentors for a Second Act

“Mentors play all the roles. They inspire you. They give you very tactical, real advice. And I would say, as a fan base, my parents have been my mentors from birth. It’s part of the reason why you have self-esteem or some level of confidence, no matter how many times you get knocked down. I think my parents have been sort of pillars of that all the way through… So I’ve been fortunate. One part of being in the second act, your network is significantly larger. So when you start talking to people, everyone’s thought about this, doing a second act, a third act, or starting a business. And once you start talking to people and sharing your ideas, they come out of the woodwork. They’re really willing to share and introduce you to other folks. So it started off small and then it snowballed pretty quickly in terms of meeting other folks and asking them questions about their experience.”

On Retirement Plans for Small Businesses

“Believe it or not, nearly 5 million businesses still do not have a retirement savings program – and that equates to the 57 million Americans I mentioned earlier. There’s a whole confluence of events and needs, whether it’s education, availability, accessibility costs or a lack of information. I would say we’re entering a new era of opportunity. I always think of this as the carrot and the stick measure components. You’ve got both factors. So at the sort of carrot level, the federal government via Secure 1.0 and Secure 2.o,  two major pieces of legislation that have byproducts and support and that have passed, are providing unprecedented tax incentives for small businesses to get set up. If you’ve never set up a plan to start a plan, if you’ve got under 50 employees,  there’s a slew of tax credits. And I encourage any small business owner or individual to talk to their tax advisor and accountant to see what those are. You can easily Google some of those resources. There are a lot of shortcuts, a lot of incentives that have never existed before. Then you’ve got the stick component. 16 states have already passed legislation requiring a small business to have a qualified savings plan. There are many options. There are some state options, many choices and great providers, but I believe there’s never been a better time – whether you go with the traditional firm or some of the newer firms. Modern 401K providers  make it really easy and take away a lot of the administrative burden, a lot of the decision making around investments as well as making the cost extremely favorable for businesses and their employees. So, there’s never been a better time.”

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About Retirement Wisdom

Planning for retirement goes well beyond your 401k or IRA. How will you invest your time after your full-time working years
You’ll need a different portfolio.
I help people create a multipurpose retirement, with the right mix of interests, activities and pursuits to invest your time wisely. And for many it includes a new version of work in some form– redefined on your own terms with more flexibility and meaning.

Schedule a call to see how the Designing Your New Life process can give you an edge in your next chapter.

Visit retirementwisdom.com for tools and resources to help you retire smarter.

___________________________

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career. 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 1.5 % globally in popularity by Listen Notes. Business Insider has recognized him 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.

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[1] Frequently Asked Questions About Small Business 2023

Are you thinking about retiring, but sense that you’re not done yet? Consulting can be an excellent second career. It can be a practical way to redeploy your expertise and experience while persevering flexibility. But what does it take to be a successful consultant as a second career? Amy Rasdal explains how to get started and common obstacles you’ll need to overcome.

Amy Rasdal joins us from California.

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Don’t Miss an Episode – Follow on Apple Podcasts or

SubscribeGoogle Podcasts | Spotify | iHeartRadio | Stitcher | TuneIn | RSS

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Bio

Amy Rasdal is the founder of Billable at the Beach which helps hundreds of people start their own successful consulting businesses. She traded her corporate job for consulting 15 years ago leveraging the advantages that consulting offers including freedom, flexibility, control, interesting work and excellent pay, while being able to work when you want, where you want and how you want.

Prior to starting her own business, Rasdal Associates, Inc., 15 years ago, Amy had over 25 years of experience in Operations, Product Development, Corporate Development and Marketing.  Rasdal Associates specializes in the other side of entrepreneurship – implementation and execution. Focus areas include program and project management for the Internet software and medical device industries.

Amy earned an MBA from The Amos Tuck School at Dartmouth and has undergraduate degrees in Computer Science, Music and French.

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For More on Amy Rasdal

Website

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Podcast Episodes You May Like

Strategic Quitting – Julia Keller

How to Begin – Michael Bungay Stanier

Think Big – Dr. Grace Lordan

Design Your Life and Get Unstuck – Dave Evans

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Wise Quotes

On Consulting as a Second Act Career

“So as a second career? Well, honestly, it’s never a first career. It’s always a transition. My version, what I want to do and what I help people do, is be a superhero using superpowers for super pay. So the reason I say it’s never really a very first career is because you have to do something to build expert skills. So that’s being a superhero with a superpower.”

On Consulting in “Retirement”

“I think for a second career, kind of a retirement age career, it’s much harder at this point to figure out what superpower am I going to sell? Because by now we all have a lot of superpowers, right? We’ve accumulated a lot of experience. So it’s a little bit tricky. And I think people have some heartburn narrowing down and focusing a little bit. So what I encourage people to do is find that intersection of what you’re really good at, your deep experience and expertise –  what you really love to do. There may be some things that you’re really good at, but boy, you don’t want to do them anymore. I worked with a client who had been a CPA, and then jumped off into the commercial side. But all of her jobs had been in Finance and Accounting. And she said, I am sick of Finance and Accounting. I want to do something a little bit different. So there may be pieces in our experience and expertise that we don’t like as much. So what are your deep experiences and expertise? What do you really love? And the piece that you can’t miss is: what will the market pay for?

On What Makes Consulting a Good Fit

“The most important thing is wanting to do it. You do have to go into it realizing that you really are committing to that ongoing networking, marketing and business development. But I’ll tell you it’s really about relationships. By this point in our lives, most of us are pretty good at it and we get to choose who we have those relationships with. So some of those nightmare people that we’ve had to work with all these years, we can let some of those people go – and hopefully there’s just a few of them. For those of us thinking about retirement, almost all of us have the experiences and expertise to be able to do it. You have to have something to offer. Almost all of us do at this point. So honestly, I think it’s mostly the interest, the desire, and the ability to make a contribution that makes it a fit.”

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About Retirement Wisdom

Planning for retirement goes well beyond your 401k or IRA. How will you invest your time after your full-time working years
You’ll need a different portfolio.
I help people create a multipurpose retirement, with the right mix of interests, activities and pursuits to invest your time wisely. And for many it includes a new version of work in some form– redefined on your own terms with more flexibility and meaning.

Schedule a call to see how the Designing Your New Life process can give you an edge in your next chapter.

Visit retirementwisdom.com for tools and resources to help you retire smarter.

__________________________

About Your Podcast Host 

Joe Casey is an executive coach who also helps people design their next life after their primary career. 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 1.5 % globally in popularity by Listen Notes. Business Insider has recognized him 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.