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Do you want to retire happy? One trap in retirement planning is to think of retirement as one thing, a singular phase of life. It’s not. Things evolve and change. Dr. Riley Moynes has developed a useful framework of the Four Phases of Retirement that can help you plan for a satisfying retirement. And you’ll want to hear what phase most retirees get stuck in – and how to progress to the fourth phase where the happiest retirees live.
Riley Moynes joins us from Ontario.
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Dr Riley Moines is the author of The Four Phases of Retirement: What to Expect When You’re Retiring. During his varied career Dr. Riley Moynes has worked as an administrator, advisor, author, consultant, educator, entrepreneur, mentor, publisher, and researcher. He waltzed through Phase One of his retirement, struggled through Phase Two, tried a dozen ventures in Phase Three and now in Phase Four helps entrepreneurs polish, package, and publish their unique stories in their niche markets.
For More on Dr. Riley Moynes
The Four Phases of Retirement: What to Expect When You’re Retiring
TEDx: The Four Phases of Retirement
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When Will You Flip the Switch? – Dr. Barbara O’Neill
What Are The Keys To A Successful Retirement? Fritz Gilbert
Why Retirement is About Much More Than Money – Ted Kaufman & Bruce Hiland
Do Your Retirement Strategies Account for 6 Stages? – Ted Carr
On Phase 4 Retirement
“…only about 50 to 60% of retirees break through to Phase Four. Not everyone gets there. But those who are able to break through to Phase Four are some of the happiest, most productive, satisfied, and gratified people t I have ever met. Phase Four is when we rewire and find something new that really, really hits us and that we just squeeze all the juice out.”
On Planning Ahead for Retirement
“…be thinking ahead of what are some of their strengths, what are some of the things that they love to do and to be considering ways, well before they retire, that they might be able to apply those things when they do retire. And so to be able to have kind of a network that they might have built up or to look at some at some possibilities in advance, I think is extremely helpful.”
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Joe is the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy coming this summer.
Intro and Outro voiceovers by Ross Huguet.