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.
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.
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.”
For More Information on Casey Weade
Podcast Episodes You May Like
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
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.