Podcasts Archive - Page 57 of 77 - Retirement Wisdom

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To celebrate the 100th episode of The Retirement Wisdom Podcast, we’ve invited three special previous guests for a panel discussion on the challenges retirees face today, how to age wisely, and retire happy. We are grateful for all our guests who’ve shared their insights and wisdom on our retirement podcast – and to you, our listeners.

We discuss:

  • What makes retirement so different today
  • The biggest challenges today’s retirees face and how to retire happy
  • Their favorite stories from the retirees they’ve profiled
  • What people who are still working full-time need to know about life in “retirement”
  • What should retirement be called now?
  • The key ingredients of a life well-lived – that are often overlooked

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Ready to design your new life in retirement? Our group program kicks off on September 24th.

It’s limited to 10 participants. Learn more here.

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Top Retirement Podcasts to Follow in 2021

The Retirement Wisdom Podcast was named to Feedspot’s list of the best retirement podcasts.

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Bios

Melissa Davey

Melissa Davey is a documentary filmmaker who lives in Valley Forge, PA, and created Beyond Sixty (now available on TV and streaming platforms). She is a wife, a mother, and a grandmother to three young boys. She is a world traveler and curious about everything unknown. She recently retired after more than two decades from GENEX Services Inc., where she was recruited to build and operate the company’s Social Security representation division. GENEX is the largest Managed Care case management organization in the U.S.  Prior to GENEX, Melissa had almost twenty years of diversified experience in the field of disability. She held senior leadership and management positions throughout her career. Melissa’s second act is fueled by a lifelong passion for film and story-telling.

Previous conversations: What Do You Really Want to Do?  |   Take the Detour

Richard Haiduck

Richard Haiduck is a former life sciences executive and mentor and now has an active retirement. He is becoming the Voice of Boomer Retirement Stories. He is immersed in challenging the boundaries of his own retirement, while observing the experiences and areas of curiosity of his fellow retirees.

At age 7, he was sure he wanted to be an author. Now, 66 years later, that dream has become a reality. The inspiration for the book came from hearing about the meaningful journeys in retirement taken by friends and colleagues. They were doing fascinating activities at this stage of their life, and often completely new directions from their prior careers. The idea that these stories could become a book became a driving force for Richard. His 75+ interviews and his frequent social media interactions have developed his perspectives and insights on the retirement activities of the boomer generation. Richard’s prior roles as both a leader and a mentor have been based on his ability to listen and to get people to share their feelings. He uses a style of interviewing with short, open questions to get people to open up about their retirement stories. The result is Shifting Gears: 50 Baby Boomers Share Their Meaningful Journeys in Retirement now available as an audiobook.

He graduated from Miami University and got his MBA from Xavier University. He is happily married to his wife of 52 years and has 2 daughters and 4 grandsons. His own retirement has been hyperactive. He learns new things through weekly interactions at Stanford, formerly via attending lectures and via zoom during the pandemic. Each year he reads about 100 books and bikes more than 3000 miles. He mentors organizations serving refugees and small farmers in Ghana. He combines family time with domestic and international travel.

Previous conversation: Are You Ready to Shift Gears?

Dr. Thelma Reese

Thelma Reese, is the co-author of How Seniors Are Saving The World: Retirement Activism to the Rescue! with BJ Kittredge. She earned B.S., M.Ed., Ed.D. degrees, all from Temple University, and began teaching third grade in 1954. When her two daughters were in school, she began her graduate studies in Educational Psychology, was awarded a pre-doctoral fellowship and was active first in the field of Reading Psychology and Education.  She taught as an adjunct professor at Temple University and Arcadia University. When her children were grown, she became a professor of English and director of special programs at Community College of Philadelphia.

After early retirement at CCP, she created the Advisory Council for Hooked on Phonics and was its spokesperson in the ’90s. In that role, and as director of the Mayor’s Commission on Literacy for the City of Philadelphia, she appeared frequently on television and hosted a cable show in Philadelphia. She was a founder of Philadelphia Young Playwrights, chaired the Board of Children’s Literacy Initiative, and organized the World Symposium on Family Literacy at UNESCO in Paris in 1994.

She is co-author, with Barbara M. Fleisher, of The New Senior Woman: Reinventing the Years Beyond Mid-Life (Rowman & Littlefield).  Their second book, The New Senior Man:  Exploring New Horizons, New Opportunities was published by Rowman & Littlefield in 2017.  Her latest book is How Seniors Are Saving the World:  Retirement Activists to the Rescue!, co-authored by BJ Kittredge, published by Rowman & Littlefield in 2020. Reese and Fleisher created the blog ElderChicks in 2012, which is ongoing since the passing of Dr. Fleisher in October of 2016.

She lives in Philadelphia with her husband, Harvey Reese, who is an artist and the author of several books, including How to License Your Million Dollar Idea (John Wiley, publisher).

Previous conversations: How Seniors Are Saving the World With ActivismThe Unique Challenges Men and Women Face in Retirement

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Wise Quotes

On an Intergenerational Retirement

“… start broadening your interests. And I think one of the important things that’s going to help you in whatever you decide you’re going to do, is to make sure you don’t put yourself into a bubble with other people who have just retired. Make sure that you lead an intergenerational life as much as you possibly can. I think that it’s stimulating. It will keep you informed about what’s going on from the very young people. And you’re still going to learn stuff from the very old people. The more your life is not circumscribed just by your age cohort, the more interesting it will be and the more opportunities you’re going to find for things that you really want to focus on and be active in. I think it’s very stimulating. I just read a great quote from somebody very young, who sold it to a tee shirt company. It says: Don’t Believe Everything You Think. I thought, Wow, what a good thing to think about. And it’s coming from somebody in her twenties – and that’s wisdom. So you’re going to find it all over the place. I think that if you stay in this one generational bubble, you miss an awful lot.” – Thelma Reese

 

Self-Awareness

“… there is this piece that comes with aging that’s hopefully there when you’re ready to take that detour. And that is self-awareness. And that self-awareness, if you’ve allowed that to grow, brings you to a greater level of fulfillment in every part of your life. And it gives you the guts to try something completely different because you’re truly aware of who you are and what value you have, and what you’re able to give to others, which is so important. And we don’t take time probably to think about that when we’re younger. I think that does come with age, but you talk about a life well lived, I’m feeling that now more at 70. I feel proud of myself and excited for me and what the future holds for me. And I think that that comes from being aware of now who I am and what my limitations are, the good, the bad, the ugly – all of it – and what I’m able to give to the world. So with that comes this great sense of freedom and ability to move forward.” – Melissa Davey

 

On Reflection

“Each life teaches you something new and what it teaches is something new. It leads you to do the kind of reflection in we’re going to still call retirement because that’s the name of the show. But this period of life that we’re addressing today, provides it for you. And it’s the time. And I think the older you get, if you’re fortunate and you still [are healthy], you’re able to reflect more and more. And that makes you grow more and more. It’s when you stop growing that everything is over. It doesn’t matter. As long as you’re growing and you’re seeing life, and seeing what other people live through, it gives you a whole different perspective on yourself and your own life – and what’s worth complaining about, and what’s worth looking at and thinking, maybe I can fix this. And while you’re fixing something else you’re really fixing yourself.” – Richard Haiduck

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For More About our Guests

Melissa Davey

Richard Haiduck 

Thelma Reese

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Podcast Episodes You May Like

Why Retirement is About Much More Than Money – Ted Kaufman & Bruce Hiland

What Can You Do to Age Better? – Anna Dixon

Successful Aging – Daniel Levitin

Retirement Planning Includes Getting Good at Getting Older – Rabbi Laura Geller

Tiny Habits Can Lead to Big Changes – BJ Fogg

Advice for Successful Career Women Transitioning to Retirement – Helen Dennis

Who Will Take Care of You When You Are Older? – Joy Loverde

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About Retirement Wisdom

Your retirement won’t be like anyone else’s. So plan for it with that in mind.

But what’s next often isn’t clear. What do you want your new life to look like?

Even if you have some ideas about your future, it can be hard to figure out exactly how to get there.

You need a sound process – and a guide you can trust. Our Certified Designing Your Life coach can help you envision and transition to your new life, using a proven three-phase approach.

Imagine new possibilities, evaluate alternative pathways, and create an actionable roadmap to your new lifestyle.

Take the first step today. Schedule a free call with Joe Casey to learn more about our coaching programs.

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Explore retirementwisdom.com

Access free tools, resources, and browse all 100 of our retirement podcast conversations.

What happens when successful people are too busy or too distracted to plan for the non-financial side of retirement? Former Senator Ted Kaufman and former management consultant Bruce Hiland saw it time and again with their retired friends. And it led them to collaborate on the new book Retiring? Your Next Chapter is About Much More Than Money. It’s a succinct, practical guide, written in a conversational tone, to help you prepare for retiring beyond financial security. To thrive in your next chapter, you’ll need to be equally well-prepared for the personal and life changes that retiring brings.

We discuss:

  • The stories of their (multiple) retirements
  • What they noticed about their retired friends – and why they were unhappy
  • What’s different about retirement today that changes how you plan for it
  • What gets in the way of planning well for the non-financial aspects of retirement
  • How to know when it’s time to retire
  • What they’ve learned about Identity and retirement
  • The role of spirituality and purpose in retirement
  • How they continue to learn and grow in retirement
  • Their key messages on what you need to know to plan well for life in retirement

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Bios

Ted Kaufman

Edward E. “Ted” Kaufman represented Delaware in the United States Senate from January 15, 2009 to November 15, 2010. Democrat Ted Kaufman was appointed by Governor Ruth Ann Minner to fill the Senate vacancy caused by the resignation of newly elected Vice President Joseph R. Biden, Jr.; Senator Ted Kaufman did not seek election to the office in a special election for the seat in November 2010.

Edward E. Kaufman, known personally and professionally as “Ted,” was born in Philadelphia, Pennsylvania, on March 15, 1939, to Helen Carroll and Manuel Kaufman. His mother was a teacher and his father, a social worker, was Deputy Commissioner of Public Welfare. Ted Kaufman attended Central High School in Philadelphia. He received a bachelor’s of science degree in mechanical engineering from Duke University in 1960. The same year, he married his wife, Lynne Mayo, and they eventually had three daughters. Kaufman began his career as a sales engineer in Charlotte and Raleigh, North Carolina, working for the American Standard Industrial Division, which deepened his interest in marketing and business.

Kaufman then pursued a business degree at the University of Pennsylvania where he received an MBA from the Wharton School in 1966. Following graduation, he moved to Delaware to work for the DuPont Company in various technical, marketing, and finance positions. He worked as a technical representative for engineering products in Boston and Los Angeles before returning to Wilmington to work on financial analysis. Back in Delaware, Kaufman became involved in politics.

In 1972 Kaufman volunteered to work on the Senate campaign of Democratic candidate Joseph R. “Joe” Biden, Jr. At age 29, Biden was successful in the first of seven elections to represent Delaware in the United States Senate. Kaufman began working on Biden’s staff full time in 1973, managing his state office in Wilmington. Kaufman initially planned to stay on Biden’s staff for one year with a leave of absence from his work at DuPont. Kaufman stayed on and served as state director in charge of the Wilmington office until 1976 and became Senator Biden’s chief of staff from 1976-1995. From the 1980s until 1994, Kaufman also served as an advisory board member of the Congressional Management Foundation, an organization working directly with staff and members of Congress to enhance operations and citizen engagement.

In 1995, President Bill Clinton appointed Kaufman as a charter member of the Broadcasting Board of Governors (BBG), an independent, federal agency in charge of all U.S. government and government-sponsored non-military international broadcasting. Kaufman’s appointment was confirmed by the U.S. Senate, and he served until 2008.

Also during the period 1995-2008, Kaufman was president of Public Strategies, a political and management consulting firm in Wilmington, Delaware. Beginning in 1991, Kaufman was also active teaching in three of Duke University’s programs: the School of Law (Duke in D.C.), the Sanford School of Public Policy, and the Fuqua Graduate School of Business.

Throughout this period, Kaufman remained engaged with politics. Between 1997-2001, he was the Democratic National Committeeman from Delaware, and during the 2000 Delaware gubernatorial elections, he served on the strategy committee to elect Ruth Ann Minner. When Minner was elected, Kaufman also served on her transition committee. Kaufman continued to serve as a senior advisor to Joe Biden, and in late 2008, he was co-chair of Biden’s vice presidential transition team.

On November 4, 2008, incumbent Senator Joe Biden won re-election to his seat in the United States Senate, but he also was elected Vice President of the United States on the Democratic ticket with presidential candidate Barack Obama. Biden was sworn in to his seventh Senate term, but he resigned his seat on January 15, 2009, and was inaugurated to the vice presidency on January 20, 2009.

On November 24, 2008, Delaware Governor Ruth Ann Minner announced her decision to appoint Ted Kaufman to fill the Senate seat that would be vacated when Biden assumed the office of Vice President. Governor Minner explained that she wanted to appoint someone whose policies closely matched Biden’s. She also wanted someone who would not run in the November 2010 special election to complete the rest of Biden’s unfinished Senate term.

Senator Kaufman’s first committee appointments were on those which Joe Biden had previously served (and also chaired): the Senate Committee on Foreign Relations and the Senate Committee on the Judiciary. In March 2010, Kaufman was appointed to two additional committees: Armed Services, and Homeland Security and Governmental Affairs. His appointment to Armed Services marked the first time a Delawarean had served on that committee.

In Kaufman’s work on foreign relations, he supported international press freedom, public diplomacy, and civilian-military cooperation. His work on the Foreign Relations Committee, as well as the Armed Services Committee, took him on six trips to the Middle East. Kaufman was an active proponent of the Middle East peace process and human rights in Iran, joining with several other Senators to pass the Victims of Iranian Censorship (VOICE) Act, signed into law in July 2009. Kaufman also was co-chair and founder of the Senate Global Internet Freedom Caucus.

As a member of the Judiciary Committee, Senator Kaufman participated on two Supreme Court confirmation hearings for Justices Sonia Sotomayor (2009) and Elena Kagan (2010). As a member of the Senate Impeachment Trial Committee, Kaufman sat on the 2010 impeachment trial of Judge G. Thomas Porteous, Jr., United States Judge for the Eastern District of Louisiana.

Financial sector reform came to be a signature issue for Kaufman. Although he was not a member of the Banking Committee, he addressed issues of too-big-to-fail financial institutions, financial fraud, high-frequency trading, and other market and financial structure issues. Kaufman co-introduced the Fraud Enforcement and Recovery Act (FERA) in April 2009; the bipartisan proposal received broad support and was signed into law. Senator Kaufman was a vocal supporter of reinstituting the Glass-Steagall Act (the Banking Act of 1933) to limit affiliations between commercial banks and securities firms. Kaufman also co-introduced the Safe, Accountable, Fair and Efficient (SAFE) Banking Act of 2010, which would have limited the size of banks.

As the only serving Senator who worked as an engineer, Kaufman was an active promoter of the expansion of education and programs in science, technology, engineering, and mathematics (STEM). He worked to procure funds for research and extension grants through the 2010 Agriculture Appropriations Bill, particularly to encourage women and minorities from rural areas to participate in STEM opportunities. In April 2010, Kaufman received the American Society of Mechanical Engineers (ASME) prestigious President’s Award, presented to companies and individuals who have made significant contributions to the engineering profession.

In October 2010, Kaufman was appointed to the Congressional Oversight Panel (COP). COP, a bipartisan organization created by Congress in 2008, was charged with overseeing the Troubled Asset Relief Program (TARP) and the $700 billion the Treasury was authorized to spend to stabilize the U.S. economy. Kaufman was elected as the panel’s second chairperson, and he oversaw the panel as it conducted hearings, evaluated official data, and released reports. Kaufman served as chair until the committee ceased operation in March 2011.

After his time in the Senate, Kaufman continued to engage with issues, such as financial reform, and write editorials for various news outlets, including the Wilmington News Journal and Forbes.

Bruce Hiland

Bruce Hiland’s career included McKinsey, more than four years as Chief Administrative Officer at Time Inc., twenty years of independent consulting, and four startups.

Now eighty, he and Ginny, married fifty-seven years, are enjoying their family, dealing with aging, and harvesting the fruits of their labor.

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Wise Quotes

On Denial 

” … a friend of mine who I’ve worked with for 15 years now, runs a high-end wealth management office. He sent me an email…two or three years ago. And he said, this book you’re talking about. The title for the book should be overcoming denial. I said, Oh, tell me more. And he did. They work comprehensively with clients [in]basically, what’s called a family office these days. And here they are working on all these financial issues and very, very complex situations. And he told me that at least half of the time, they were unable to get their clients to talk about anything other than these financial, factual things. Getting them to think about what they will do when they weren’t CEO or whatever title they carried, they just didn’t go there and that the conversation was shut down. They’d move right on. They’d change the subject. They’d say, don’t worry. I’m not going to talk about that. So denial is not a trivial factor. My hunch is that denial is more common with people who have been totally consumed by their work, where they’ve just been obsessed with what they were doing.”

On Being Too Busy to Plan & The Bucket List Fantasy

“The next one on the list is they’re too busy. We’ve we ran into this. I think this tends to go with professionals who are doing what they’re doing right up until the day they’re going to retire. They’re too busy. They’ve got stuff to do. They’re too busy [to do] any thinking –  serious, heavy-duty, thinking about the rest of their life. Then the next one was the Bucket List Fantasy. Ted and I had some funny anecdotes along the way of people that we’re talking about, people that haven’t retired yet. And what are you going to do when you retire? Well, I’ve got my bucket list, you know, and they go tick, tick, tick, tick, tick, down their list. You’d listen to them. And at first you just kind of listened to them. Then as time went on, you’d listen to them, and start to grin because it would add up to maybe a year and a half to maybe three or four years. And it tended to be travel and big adventures. What do you do when you come home from the trip?”

On Identity and Social Standing

” When you’re in a job, most of us, no matter what our job is, we go to lunch with the people you’re working with. And what do you talk about? We may talk about sports. You may talk about this or that. Most of the time, you’re talking about what’s going on in the organization that you’re in. What’s right. What’s wrong and everything else. And the sad thing is that we heard from so many people after they left the job, they get together for lunch and the first one would be okay, and they talk about the job and they talk about [similar] things in the second one, but by the third one, they didn’t have anything to talk about anymore.

And that’s, and that is, that’s kind of the poster child for this whole overall problem of where your social position is and who you are. There are loads of people [who] wouldn’t go out and do volunteer jobs because how would it look for the people back on the job? If I was doing a volunteer job, [what would they think?] In the book, we talked about one of the best examples I have. There was a man in this case who was a big [deal]  high up in his [firm], a lawyer, and he was interested in wine. So he retired and really did what I felt was an incredibly smart thing. He went down to a local wine distributor and he said, ‘I’m really good [at selling]. I want to sell wine – to wine distributors.] And the wine store owner said, Well, we don’t have an opening, we can’t do that, we got all of the employees we need. And he said I’ll do it for nothing. And he was there. Most people won’t do it because they’re worried when somebody walks in and see someone like that, selling wine, It’s like: What would happen to poor Harry? So I think that’s that whole social standing thing is, is a key element in why people are very unhappy about their job, and about their retirement.”

 

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Buy the Book

Retiring? Your Next Chapter Is About Much More Than Money

(100% of the proceeds from this book will be donated to charity)

Website

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Retirement Podcast Episodes You May Like

Are You Ready for The New Long Life? – Andrew Scott

With the Freedom to Retire, Where Will You Plant Your New Tree? – Don Ezra

When Will You Flip the Switch? – Dr. Barbara O’Neill

The Future You – Brian David Johnson

What Are The Keys To A Successful Retirement? Fritz Gilbert

Who Will You Be in Retirement? – David Ekerdt

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About Retirement Wisdom

Your retirement won’t be like anyone else’s. So plan for it with that in mind.

But what’s next often isn’t clear. What do you want your new life to look like?

Even if you have some ideas about your future, it can be hard to figure out exactly how to get there.

You need a sound process – and a guide you can trust. Our Certified Designing Your Life coach can help you envision and transition to your new life, using a proven three-phase approach.

Imagine new possibilities, evaluate alternative pathways, and create an actionable roadmap to your new lifestyle.

Take the first step today. Schedule a free call with Joe Casey to learn more about our coaching programs.

__________________________________

Explore retirementwisdom.com

Free tools, resources, and browse all 99 of our retirement podcast conversations.

 

What happens when someone who’s purpose-driven achieves financial independence and doesn’t need to work anymore?  How do they create a purpose-driven life in retirement? Casey Weade, the author of  Job Optional*: *The science of retiring with confidence; the art of living with purpose, shares his insights on how to retire with purpose.

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Bio

Casey Weade is a sought-after retirement planning professional, speaker and CEO/Chief Visionary of the national financial firm, Howard Bailey. He hosts the “Retire with Purpose” radio, TV show and podcast–providing sound financial guidance to pre-retirees and retirees across the country. He is also a member of the Forbes Finance Council and is a Certified Financial Planner™ (CFP®), Chartered Life Underwriter (CLU®), Retirement Income Certified Professional® (RICP®), an Investment Advisor Representative, and holds licenses in Life, Accident, and Health insurance.

Casey’s not only passionate about guiding people toward a financially secure retirement, but he also zones in on what your Golden Years might look like. His “Purpose-Based Retirement” philosophy begins with finding your “why” and building a plan to protect that. In Casey’s words, “The path to retirement is all about utilizing offensive strategies. But once you actually get there, the game switches to defending your purpose for retirement, and in turn your life savings from the major risks it will face.”

Casey is a lifelong Midwest native, and currently resides in Fort Wayne, IN, with his wife and two sons. He sponsors the Howard Bailey Junior Golf Tour as part of the Indiana Golf Foundation, and continues to stay active in his own community by supporting small businesses, local organizations and charities throughout the year.

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Wise Quotes

On How to Retire with Purpose

“And by going back to work and no longer needing the money, he was able to help people tenfold because he was there for the right reasons. He was there to share what he had learned, his experiences, his knowledge, and his talents with other individuals to help them. And I think every retiree has those things that they’ve built up throughout their career. That’s one of the biggest opportunities that we have as a generation, and as a firm, is to help individuals recognize what those talents are. We go through this working life of say 30, 40, 50 years of experience. And we’re really good at some of those things that we did while we’re working. It may feel like we no longer want to work. And that may be true that you no longer want to work, but there are certain elements of everyone’s career that they actually truly enjoy. And those are usually the areas that Dan Sullivan, a strategic coach, one of my coaches, would say is your unique ability. We uncover those unique abilities, those things that you’re really amazing at that you can get lost in doing for hours upon hours. Those are your areas of the biggest impact. And once you reach that level of financial freedom, where you’re no longer needing the money, you can pull those elements out of your career. You can pull those unique abilities into your future. And now you can focus all of your time and attention into those areas where you make the biggest impact and all ultimately deliver the most meaning and purpose to your life as a result of delivering that into other people’s lives.”

On the Risk of Inaction

“And then we get into strengths, it’s, Hey, what are your strengths? Well, you might have a strength in delegation. Maybe you have a strength in the amount of wealth that you’ve accumulated. Maybe you have a strength in your ability to really think deeply about your future. And we’re able to work ourselves through that process, from dangers to opportunities to strengths, to create clarity. And if we don’t have clarity, that’s going to lead us to overwhelm. It’s going to lead us to paralysis by analysis. It’s going to lead us to procrastination and inaction. And I think that’s one of the biggest risks for retirees is inaction. This is why we want to take our time through this process, so that we gain enough clarity to ultimately be able to take action and live a bigger life.”

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For More Information on Casey Weade

Casey Weade’s book: Job Optional*: *The science of retiring with confidence; the art of living with purpose.

Howard Bailey Financial, Inc.

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Podcast Episodes You May Like

The Future You – Brian David Johnson

When Will You Flip the Switch? – Dr. Barbara O’Neill

Life’s Big Decisions – Adrian Camilleri

What’s Your Exit Strategy? – Ashley Micciche

How to Live a Values-Based Life – Harry Kraemer

Retirement Planning Includes Getting Good at Getting Older – Rabbi Laura Geller

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About Retirement Wisdom

Traditional retirement is obsolete. It simply doesn’t work for many people today.

However, it is a catalyst for the beginning of a new phase of life.

But what’s next often isn’t clear. What do you want your next life to look like?

Even if you have some ideas about your future, it can be hard to figure out exactly how to get there.

You need a sound process – and a guide you can trust. Our Certified Designing Your Life coach can help you envision and transition to your new life, using a proven three-phase approach.

Imagine new possibilities, evaluate alternative pathways, and create an actionable roadmap to your new lifestyle.

Take the first step today. Schedule a free call with Joe Casey to learn more about our coaching programs

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The views and opinions expressed by guests on The Retirement Wisdom Podcast are those of the guests and do not necessarily reflect the policy or position of the host or Retirement Wisdom, LLC. The Retirement Wisdom Podcast covers the non-financial aspects of retirement. From time to time we invite guests who discuss other aspects of retirement planning, solely for educational purposes. Listeners are advised to consult qualified financial and/or medical professionals on those matters.

What’s the future of retirement post-pandemic? Smart, a leading retirement technology business and one of the UK’s largest providers of retirement plans, recently launched the Future of Global Retirement report. It examines how retirement plans will evolve in the United States, the United Kingdom, and Australia in the years to come, following the coronavirus pandemic.

Key U.S. findings from the report found that:

  • Retirement ages are rising, and one in seven Americans now expect to delay their retirement due to COVID-19.
  • 56% of Americans see retirement as a multi-stage transition rather than a one-off event.
  • There’s an “advice gap”: Many Americans don’t know where they can get retirement advice.

Jodan Ledford, the CEO of Smart in the US, joins me today to share his insights.

We discuss:

  • Key findings from the Future of Global Retirement report – and what was surprising
  • Why traditional retirement is dead – and why people’s retirement planning isn’t always in sync with that
  • The biggest concerns and fears people have about retirement post-pandemic
  • What was common and different across different regions
  • When most people plan to access their retirement savings
  • The pandemic’s impact on retirement planning

Jodan Ledford joins us from Nashville.

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Bio

Jodan Ledford is the US CEO of Smart. Before joining Smart, Jodan was the Chief Client Officer at Legal & General Investment Management America (LGIMA), where he oversaw a team of 75-plus spanning Sales, Marketing, Investment Solutions, Product & Corporate Strategy, as well as Multi-Asset Portfolio Management. Joining LGIMA shortly after their US market entry, Jodan led LGIMA’s growth in the US market from $10 billion to $130 billion in US  third-party clients over 7 years. Prior to LGIMA, Jodan held positions at UBS Global Asset Management, J.P. Morgan’s Investment Banking Division, and Watson Wyatt Worldwide.

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Podcast Episodes You May Like

What Trends in Retirement Should You Be Up to Speed On? – Catherine Collinson

Getting Things Done In Retirement – David Allen

What Can You Do to Age Better? – Anna Dixon

Who Will You Be in Retirement? – David Ekerdt

The Future You – Brian David Johnson

Are You Ready For The New Retirement? – Stephen Chen

 

Browse all 4 seasons of our retirement podcast here

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About Retirement Wisdom

Traditional retirement is obsolete. It simply doesn’t work for most people today.

However, it is an important catalyst for the beginning of a new phase of life.

But often what’s next isn’t clear. What do you want your new life to look like?

Even if you have some ideas about your future, it can be hard to figure out exactly how to get there.

You need a sound process – and a guide you can trust. The solution is Retirement Wisdom.

Our Certified Designing Your Life coach can help you envision and transition to your new life, using a proven three-phase approach.

Imagine new possibilities, evaluate alternative pathways, and create an actionable roadmap to your new lifestyle.

Take the first step today. Schedule a free call with Joe Casey to learn more about our coaching programs.

___________________________

Explore retirementwisdom.com

Can a futurist help you create the retirement plan you want? Our guest is Brian David Johnson, who was Intel’s first futurist, and is the author of The Future You: Break Through the Fear and Build the Life You Want. Listen in – your Future You will thank you.

We discuss:

  • His new book The Future You
  • What a futurist does – and doesn’t do
  • The common misconceptions people have about the future
  • The most underutilized tool in retirement planning
  • Futurecasting, backcasting, and threatcasting – and how they can sharpen your retirement plan
  • Why storytelling is important to your future
  • How planning for two futures is wise
  • Why he thinks the future is local

Brian David Johnson joins us from Oregon.

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Bio

Brian David Johnson is a Professor of Practice at Arizona State University’s School for the Future of Innovation in Society, and a Futurist and Fellow at Frost & Sullivan, a visionary innovation company that’s focused on growth. He also works with governments, militaries, trade organizations, and startups to help them envision their future. He has over 30 patents and is the author of a number of books of fiction and nonfiction, including The Future You: Break Through the Fear and Build the Life You Want, Science Fiction PrototypingScreen Future: The Future of Entertainment, Computing and the Devices We LoveHumanity and the Machine: What Comes After Greed?; and Vintage Tomorrows: A Historian and a Futurist Journey through Steampunk into the Future of Technology. His writing has appeared in publications ranging from The Wall Street Journal and Slate to IEEE Computer and Successful Farming, and he appears regularly on Bloomberg TV, PBS, Fox News, and the Discovery Channel. He has directed two feature films, and is an illustrator and commissioned painter.

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Wise Quotes

On Financial Planning

“…one of the most underutilized tools is financial planning is your imagination because you’ve got to imagine what you want your future to look like. And then once you can imagine it, then you can start to achieve it.”

On Futurecasting and Retirement

“With retirement, it’s one of those things that we’re all thinking about, right? And if you’re not, you really should be. So, we’ll generally give ourselves permission to do it. And the thing about future casting is: Don’t just think about tomorrow. Don’t think about today. But think a little bit further out. And this is why I think it’s really well-designed to think about your retirement. Whether that retirement will be 30 years from now, 20 or 10 years from now,  depending upon where you’re doing your planning,  thinking like a futurist and using future casting allows you to really get out there and think about the reality of it – and then get into the details of it. And then as a part of futurecasting, a key component is backcasting: Where do I want to be in the future? Who is that future? Who’s living in that retirement? What does that look like? And then what are the steps you need to take to get there, right? Who are the people that are going to help you? What are the tools and who are the experts? And so it really systematically breaks it down for people. So it allows their future and their retirement to feel more accomplishable. That’s what a lot of the people I’ve talked to and the people I’ve helped[valued]. What they’ve told me is, ‘Wow, okay. It felt like it was something really far out there, but now I really see what I need to do on Monday and I can also track my progress. So I think, in that way, it can, can really help most people to really think like a futurist to prepare for their retirement.”

On  Your Detailed Story

“One of the things that I’ve learned over the last 25 years is that the way you change your future is you change the story that you’re telling yourself about the future that you will live in. And I want you to pause and think about that for a second – because if you can change the story, you’re going to tell yourself about your future. You’ll make different decisions. You’ll make different purchase decisions. You’ll make different investment decisions. You’ll make different career decisions. You’ll start to see yourself in a really different way. And the thing about storytelling and it’s all about those details, Joe. I tell people to really get into the specifics of this. I ask people, So when you’re 70, what will your Tuesday look like? Like tell me what it’ll be like, like when you wake up, what are you going to do? Do you make breakfast? Are you going to play golf? Are you going to go see the grandkids? Are you going to go volunteer? Like really getting people to get into the elements of those details? And I use story as a way to do that. And you know, obviously, I am a writer, I write science fiction and I write science fact. …But stories are really the process that we use to start thinking about those details. And by thinking of it as a story, it allows you that permission to really say, Okay, well just tell me the story about your future. And everybody knows how to tell stories. And so, as you tell that story, it gives you more details. And actually, those details will give you more clarity from a financial planning standpoint.”

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For More on Brian David Johnson

The Future You: Break Through the Fear and Build the Life You Want

This no-nonsense technique can get you to the retirement you want – MarketWatch

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Podcast Episodes You May Be Interested In

Are You Ready for The New Long Life? – Andrew Scott

Design Your Life and Get Unstuck – Dave Evans

When Will You Flip the Switch? – Dr. Barbara O’Neill

With the Freedom to Retire, Where Will You Plant Your New Tree? – Don Ezra

Your Retirement Won’t Come with a Road Map – Carol Hymowitz

Life’s Big Decisions – Adrian Camilleri

 

Browse all 4 seasons of our retirement podcast here

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About Retirement Wisdom

Traditional retirement is obsolete. It doesn’t work for most people today. However, it is a catalyst for a new beginning.

But what’s next isn’t always clear. What do you want your new life to look like?

Even if you have some initial ideas about your future, it’s hard to figure out exactly how to get there.

You need a sound process – and a guide you can trust. The solution is Retirement Wisdom. Our Certified Designing Your Life coach can help you envision and transition to your new life, using a proven three-phase approach.

Imagine new possibilities, evaluate alternative pathways, and create an actionable roadmap to your new lifestyle.

Take the first step today. Schedule a free call with Joe Casey to learn how our coaching can help you move forward.

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