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There are many decisions to make in planning for retirement and a big one is where to live. Are you interested in a retirement community or plan to age in place? Will you move to be closer to family members or downsize to a place with the “livability” factors you want? What will be the right place for you? Ryan Frederick, the author of the new book Right Place, Right Time joins us to share his insights.
We discuss:
- Why he chose to live in a retirement community in his 20s – and what he learned from that
- Why Place is so important
- How the pandemic is changing how people think about where we choose to live
- A case study from his book and the lesson it highlights
- The key factors (like livability) that make a place the right place for someone
- The pros and cons to be aware of if you plan to age in place
- How Design Thinking can help people choose the right place to live next
- His advice for couples
- His personal experience in moving his family to Austin.
- The key trends shaping where – and how – we’ll be living in the future
Ryan joins us from Austin.
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Bio
Ryan Frederick is the Founder & CEO of SmartLiving 360 and the author of the new book Right Place, Right Time: The Ultimate Guide to Choosing a Home for the Second Half of Life.
Ryan is focused on the intersection of healthy aging and the role of place, including housing. SmartLiving 360 helps institutions and individuals thrive in the Age of Longevity by providing consulting services, real estate development services, and consumer content.
Ryan is recognized as a national thought leader and innovator in the real estate development and healthcare services industries and is a keynote speaker, instructor, author, and blogger. His work and insights have been cited in Forbes, The Washington Post, and Environments for Aging, among other outlets. His real estate development in Rockville, MD, The Stories at Congressional Plaza, is an age-friendly apartment community that has attracted national attention. Mr. Frederick is a member of the National Advisory Board for the School of Nursing at Johns Hopkins University, a member of the AgingWell Hub, a collaborative of leading innovative providers in the field of aging led by Phillips, and has been appointed to the Advisory Council of the Bipartisan Policy Center Health and Housing Task Force. He is a 2018-2019 Encore Public Voices Fellow.
Mr. Frederick is a graduate of Princeton University and the Stanford Graduate School of Business.
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For More on Ryan Frederick
Right Place, Right Time: The Ultimate Guide to Choosing a Home for the Second Half of Life
The University of Michigan Study on Purpose and Longevity mentioned on the podcast
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Wise Quotes
On the Importance of the Right Place
“It makes it easier to be socially connected, be physically active, be financially secure for a longer life. And then it has a direct effect because in some cases you may be in a physical place that you might be emotionally connected to or not. Or you might have some physical limitations and you may find a place that may not be appropriate for you. So I think it’s so important that Place should be on the same level as eating well, exercising, and financially planning for longevity. It’s right up there as we think about planning for a longer life. And it starts with a vision of what you want your life to look like. And then how does Place help enable that to happen?”
On Happiness and Longevity
“When you look at the research of a longer life, and we don’t hear this much in the media, but there’s something called the U-shaped Happiness Curve based on people’s self-reporting of their well-being and happiness. You’re at a certain level in your 20s, then you kind of go down for a stretch. And then your late 40s, early 5os is the nadir in the US. I like to think it’s correlated to having teenagers in the house. And then it goes up and there’s a pretty steep, upward slope to the point in your 70s and 80s, when you’re happier than you were in your 20s. So this idea that you’re happier later, and that people that are able to live that long, is not part of the narrative we find in our popular culture. It seems much more about youth. So I think one of the first things is to take a step back and just envision, What do you want these future chapters to look like? And the planning is worth it. It is one of the key elements here. So as you think about financial planning for a longer life, what is that visioning planning that you have? That’s where it starts. And I encourage people to really think big about this.”
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Podcast Episodes You May Like
Are You Ready for The New Long Life? – Andrew Scott
Design Your Life and Get Unstuck – Dave Evans
The Future You – Brian David Johnson
Are You in the Driver’s Seat? – Cindy Cox-Roman
Why Retirement is About Much More Than Money – Ted Kaufman & Bruce Hiland
What Can You Do to Age Better? – Anna Dixon
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Related Blog Post
Where to Retire? Think Livability
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