once your earning years are over and you've built Your Nest Egg for retirement you need to be smart about so many decisions now we're not financial planners and we make that very clear with everyone but we are retired and we do spend time making sure we're doing the right thing financially with our own money because oh bad financial habits and lack of knowledge can actually ruin your we have we have a couple they're good friends and he felt like he knew what to do with the marketplace with his Investments and he clearly didn't because he had his money in stocks when it when they went down and he pulled it out and put it into cash when it went up so for eight years he was on the wrong side of every single one of the stock market moves and because of that he lost a significant amount of his retirement assets and that's really difficult and today we find that they're struggling many of their dreams have vanished and they both actually had to go back to work now there's nothing wrong with work but it's just not what they had planned so we can't emphasize enough right out of the shoot having a financial planner is so important because it gives you a plan it gives you a vision it gives you an idea but it also does this which I think is most important it takes the emotion out of the marketplace which can get the best of you think you know what's going to happen at a new presidential election and frankly you don't that's right so let the experts help you with that because we don't want to have what happened to them happen to you today we want to share some practical ideas that may maintain or even improve your financial situation and again the number one lesson today is don't manage your money without a financial planner and we don't mean a stock broker what we mean is someone who has a fiduciary responsibility to make recommendations that are are really good for you not good for them and they talk to you about the strategies and you might say well sure they do but they also talk to you about withdrawal strategies right how much should you be withdrawing each year in order to preserve your nest day how much do you need each month and then they pull it from the smartest place it needs to come from using tools like tax loss harvesting you can't just take money out of a stock because you want to because you're going to have capital gains right right and you know we're not a big fan of multiple planners but we'll leave that part up to you so the first one is make sure you get a financial planner somebody you're comfortable with the second is keep your emergency fund intact kind of no matter what you need to have emergency savings that doesn't disappear when you retire it's more important than ever to have accessible cash set aside for any type of emergency so two three four months of expenses in a cash account that way your financial planner can invest the rest of your money and always always be thinking about you're going to need more money in 60 days so what can they put you into short term so you want to have this cash account so you can cover any kind of emergency expenses or just if you want to leave stuff in the market a little bit longer you've got some cash or even if you have any big purchases that are coming down the pipe that's true making sure your financial planner knows that you're ready for that so the second thing is the emergency fund now here's another um here's another way that you can get into trouble or you're also a way to dig yourself out of trouble you want to take a look at all your luxuries and make sure that they haven't become a burden because frankly that happened to us we both had jobs we were both working gosh 15 years ago we bought our first boat and we bought four boats over the next 15 years but we could afford it because we both were working we both had money and it was our floating vacation home so to speak I I call the last one that we had a lifestyle about because we went away on that one a lot it was a little bit larger but once we were tired all of a sudden it was like well we don't really want to go out on it the weather isn't good you know we'd rather stay home we'd rather be with for the price of diesel or the price of gas you know the price of storage the price of hauling the price you know all of those things have to be factored in when you have a fixed income yeah and we didn't have the same earning capacity to kind of keep up with the luxury so we stopped using it and then it became a burden like why aren't we using it and it was a year ago now that we decided to sell it and it's sold within a month because we kept really good care of it but the thing is if you have luxuries it's really important to take a look at them and say that's something we're really getting a lot of satisfaction of because it's going to cost you money well there are also luxuries that you have and then there's luxuries you provide for others right so we have six children and we were providing cell phones homeowners insurance auto insurance airline tickets for them and their significant others are partners and you know that was all fine when we were dual income but as they aged and as we aged and as we came into a fixed income place we needed to start peeling some away and giving those responsibilities back to them and they can afford it they all have great jobs and if they're ever stopped but it was a luxury it was to be able to do that for him but but frankly it also gave us a lot of satisfaction a lot of fulfillment to be able to help them right so it was hard for us to Pivot to in our mind take these things away from the kids but they you know at some point they've got to be to stand on their own two feet so and we needed to reduce the support so we sold the boat we paid off two car loans we came to an agreement with the kids and slowly weaning them off of some of these things we've always paid for you know because they they can't afford it and you know they they they're fine with it right they even they say it's kind of silly that you're paying my cell phone bills so it's it's another cord to cut that um you know it's hard to do but we want to encourage you to do it yeah so that was the third one the fourth one is you know really trying to figure out how to live a little below your means you know and that's new for us for our entire career as our income went up our living style and our cost of living and everything we did went up with it you know hard work learning and growing you know we were climbing the corporate ladder Mark was building his business you know it was easy to have your lifestyle kind of follow you yeah and you know we both come from humble beginnings and we improved our lifestyle as we went up but then then it's sort of when when you retire you have to think okay well my income's not going to keep going up as a matter of fact it's going to go down so how do we want to live what are some things we can do to live within our means and even underneath our means so and there were a couple things we had to agree to right so you know I call it shopping for sport right so there's there's no more you're better at that than pickleball kind of just opening up and saying oh you know look what just came into my feed I'll take a look at those earrings or that bracelet or those dresses or those sunglasses I think about it I kind of have a little bit of a sunglass addiction so so you know there was you know we agreed that we would do no more shopping for sport yeah it was one of Instagram Amazon it's so easy to spend money today and you get hooked on this new game you don't even leave your house you don't even leave your house you know keeping up with the Joneses that's not necessary anymore right you know who are the Joneses anyway today it's other retirees we're not taking on any more debt we've paid down most of our debt you know again we have a financial planner and you know we have a more modest wardrobe I mean our fancy or fanciest clothes are for our YouTube channel right and we're eating out less we made the agreement that for health and economic reasons we would eat out less so leave living below your means is something you can control and it's something that you can put some time and intention into so another really important thing to get to know is everything about social security and we we don't know that much about it so our financial planner and our accountant has said you don't need to take it yet and that's kind of all we're thinking about at this point they'll let us know when it makes sense and when it makes sense it'll make sense but you have to really understand or have someone coaching you on what's important because everyone's financial situation is different yeah and I really believe the more you know about it the better off you'll be even if you do your own investigation you know Social Security was not meant to be your primary source of income as you age in America it was meant to be a supplemental income so you have to understand the amounts you can get at what future ages and can you still work and does your state tax it or not you know there's a lot of rules around Social Security and my recommendation would be just get to know your rules in your state around your age just for the knowledge I don't know but I think there's a certain amount of uh you can't earn a certain amount of money and still get Social Security I don't really know but you have to know that's I guess that's the point you really need to know everything about social security check with your account and your financial plan right here's a big one for us and it should be for you too I think you know money will never buy you happiness and we've heard that like our whole lives and so we actually did a little bit of research and you know what really defines happiness for us and we came across this quote and part of it is from Warren Buffett but it says you know we want to do what we want when we want with whom we want for as long as we want and that to us will Define our happiness you know now some of what you do will require money but it's not all about buying stuff and things you know most of what we do for happiness now is experiences I I would think that for us and tell me if you agree but the something we just spent money on is giving us more happiness now for a very low value than anything else I remember paying forever you know what it is your pickleball racket pickleball so we joined the YMCA uh for like eighty dollars a month for the family we bought a pickleball racket for 100 bucks and six balls for eighteen dollars and we're getting like five or six hours of use out of that each week yeah that's happiness that really is making us happy it's not a new car it's not a new set of golf clubs right it's not what we're used to thinking that was um would create happiness and we're also looking at vacations differently right now that we have the full seven days to ourselves many vacations to visit friends or family you know they become Tuesday Wednesday Thursday versus the high traffic weekend Friday Saturday Sunday so many vacations Beach days lunch dates you know we just renting a boat for a day we're doing that with company comes we're renting pontoon boats now for the day to take companies out it's three hundred dollars for a day which in one respect sounds like a lot but it's a lot cheaper than owning a boat right that's true so we still get out on the water now look you clearly need money in retirement we all can agree on that but how much do you need and how much is enough you've got to figure out how much you have how much you can pull out each month and how long it's going to last those are key questions you need to work through with your planner and your account yep and paying attention to some of these things that we just shared will help guide you and keep you out of trouble now we hope you enjoyed this video and if you did you're going to like this next one called the truth about early retirement what they don't tell you it's one of our most popular videos and you know we're not getting any younger so why steal these fabulous years from ourselves our family and our friends watch this one next
you know after slugging it out for over 30 years in Corporate America I was exhausted when retirement arrived I really needed a break and I needed a break too so we spent the first few months in retirement really doing nothing nothing meaningful right well hanging around kind of lazy mornings turning into lazy days into lazy weeks and maybe even lazy months but we knew something had to change or we were doomed we wanted our dreams of a fulfilling retirement to become a reality so we had to make some changes so today we're going to share with you some strategies that you can try so that you're full of energy every single day and take on anything that comes your way but before we go further we'd like to introduce ourselves my name is Mark Rollins and I'm Jody Rollins and we started retirement transform not only for us but for all of you and the other 10 000 people turning 65 every day now we don't focus on anything Financial none of the aspects financially or retirement but we focus on lifestyle Health relationships and more and listen if you're new here please hit the Subscribe button and also the notification button so you'll get notified when our videos come out so let's jump into all the things that tend to make you and me tired especially in retirement okay the first thing that gets you tired too much downtime and that might just be for instance watching too much TV and I don't know if you know this or not but the average number of hours people over the age of 65 watch TV each week is 38 hours a week that's like Couch Potato syndrome it is and you have to be careful with that because it does make you tired nothing wrong with watching a Netflix series or some TV but you can't do it six or eight hours a day yeah lack of movement will really keep your body and your mind tired you have to find ways to move your body even 20 minutes a day just getting out walk 10 minutes One Direction and 10 minutes back and you will feel very different what happens if you walk seven minutes one way and four minutes back and then you have to do 10 jumping jacks oh and then all right because you're going to be late yeah but there's a scientific study multiple scientific studies that say moving 20 minutes a day can extend your life by five years who wouldn't want that exactly exactly so the first one is too much downtime the second one is poor nutrition and we know you've heard this before but please just make believe you're hearing it for the first time poor food choices fast food sweets and too much eating out or even eating late is bad for you being mindful of what your comfort food is and how much you go to it is also something to be aware of yeah I think that you know for us we're getting a lot better with nutrition and really because we're starting to really pay attention to what our ordering tells us about sleep and how we feel but also just our body when we put certain foods in our body we really pay attention to how we feel and having wine or drinks and a late dinner at night we both know we're going to have an awful night's sleep but you didn't bite on comfort food comfort food I you know I need to stay away from comfort food fried chicken Oreo cookies chocolate chip cookies that's the stuff that my mother always made for me and it was Comfort I I need to stay away from that yeah and I know I know it's hard to in retirement to stay away from wine and drinks maybe that's me but um you just be mindful of it and to give your yourself and your body a break from it is really a good feeling yeah and all of what we just talked about leads into the third uh item to make you tired which is getting poor sleep and honestly we need to do an entire video on sleep because I just looked and we really haven't spent enough time on this and the importance of getting a good night's sleep most people need seven to eight hours of good sleep in order to feel good and have high energy absolutely and you know the eating late too much alcohol just doesn't help that you a good portion of our lives in Corporate America and you as an entrepreneur entertaining clients and living that way eating late entertaining clients some wine with dinner and we knew it wasn't sustainable so what makes us think in retirement that that would be sustainable well it's funny because our last five years of work really we were probably working harder than ever before we were entertaining harder than ever before that was our normal and when we got to retirement that normal didn't work for us it really didn't so you just have to be able and to think about making some life changes and it's not easy but it's doable so we have sleep as the third one good sleep quality sleep not just time in bed right the fourth one is really lack of routines during your career you had your routines wired I know you did you had a morning routine during your career and then you were off to work and your day was planned a lot of time your schedule was filled before you even got into the office but many people enter retirement and the last thing they want to do is have a routine I know and you know we hear that a lot but we also hear from our clients when they start with a routine even a basic routine going to bed at the same time getting up at the same time and it doesn't have to be 5 a.m like me I mean you don't get up at five minutes you've got your own routine I don't sleep I do but you have a routine once they start plugging in a routine getting up at the same time every day plugging in a little bit of uh walking for 20 minutes and exercise maybe on top of that doing some meditation with a app like headspace mindfulness that really starts to kick in their energy level and makes them feel better in their retirement phase and you know I really resisted this idea of setting a regular time to go to sleep and a time to wake up in retirement and I don't know if you remember I pushed back pretty hard on Mark started at like 10 o'clock we're gonna you know go to bed at 10 o'clock or you know he wants to be in bed at 10 o'clock which really many wanted to be asleep at 10 o'clock which meant bed 9 30.
Yeah but you also weren't going to let me go to bed alone that's just a me thing right so you so you dragged along with it I did you laid there with your eyes open for an hour in the beginning well I would read or something but but oddly enough our clock kept kind of going backwards the other thing I'd say about routines is I got a call this week from one of our 25 year olds we have two 25 year old twins Jordan that lives in New York City and she said you know something mom starting Monday getting back to my routine and I found that so interesting that the self-care part of routine and sleep and waking and all of that is being ingrained in the younger generation which is great it is great so another reason that you might be tired you could have some underlying health issues that you don't know about it's so important to go to your doctor at least once a year and have things checked out because as we age things in our body change and it could be that there's something going on that's keeping you awake at night that's making you feel tired during the day so going to see your doctors on a regular basis is so important yeah there I mean there could definitely be some issues going on that need to be addressed and you know we have friends that actually have said to us we never go to the doctor because we don't want to look for trouble and I'm just not sure that that's a great way to live through this phase of your life yeah and you know in retirement if you're not exercising and you're eating and drinking more than you used to you're going to gain weight a lot of people gain weight in retirement now all of a sudden you pick up an extra 10 15 20 pounds and it's slowly so you don't notice it but that leads to diabetes so you want to get your heart checked you want to get your body checked you want to go see your doctor I recently went to the doctor and found out that I had plaque buildup on some of my arteries that's it yeah it's a scare I suppose but it also has helped get me focused on doing the right thing eating better exercise and getting good sleep yep because that you're on could be out of balance again this goes back to checking with your doctor you know if you're not sleeping and you're gaining weight and you're having trouble going to the bathroom or you're going too much you know find out why it's just not something to sweep under the rug yeah you know if you're getting up four times a night to go to the bathroom it could be as simple as you shouldn't drink water two hours before you go to bed or it could be something else or it could be a medication that you shouldn't take in the afternoon you should take in the morning or yes the important thing we're trying to get across here is see your doctor check your meds you know I was pre-diabetic seven years ago and I changed that with diet and exercise so you can actually be proactive and make some changes as well don't have your doctor just say here's some meds talk to them more about what some of the things you can do to change your lifestyle to become healthier so we hit the doctor we hit the meds let's go to the seventh thing that we came up with you know dehydration dehydration for sure will make you tired that's a no-brainer it leads to all sorts of problems poor sleep heart rate issues blood pressure problems brain damage even death you had an episode a couple of summers ago with dehydration I did I was working in the yard I was working really hard I was sweaty and I wasn't drinking water did all that work it was a hot humid day showered we got dressed to go to dinner we walked down the street to have dinner you know I don't know 500 feet and right in the beginning of the dinner basically long story short I just went down and I fainted and I had to be taken to the hospital and that was preventable it's not hard to effects you need to drink one half your body weight in ounces of water that's a minimum I weigh 160 pounds that's 80 ounces of water a day that's seven to twelve glasses of water a day it's not that hard right right it really isn't it really is and it's so so important to do that so listen it's okay to have lazy days it's okay to splurge with food and wine you know it's okay to binge watch TV but not every day not for your optimal retirement it just isn't sustainable and there's nothing worse than feeling tired all day long and you know people that say that right they get up and they say oh tired midday they're like oh my God I'm so tired yeah don't you get tired of hearing people say how tired they are yeah and maybe some people just say it but you don't have to it doesn't have to be like that right you want to try a day or even a week implementing what we shared today and see if there's any changes that play take place see how you feel you actually might like it you might find a new normal and it becomes a habit now we hoped you like these strategies and changes that we talked about today check out our next video extend your life in retirement by avoiding these four bad habits these are definite changes you need to make so watch this video to go deeper on extending your life and being healthier
once your earning years are over and you've built Your Nest Egg for retirement you need to be smart about so many decisions now we're not financial planners and we make that very clear with everyone but we are retired and we do spend time making sure we're doing the right thing financially with our own money because oh bad financial habits and lack of knowledge can actually ruin your we have we have a couple they're good friends and he felt like he knew what to do with the marketplace with his Investments and he clearly didn't because he had his money in stocks when it when they went down and he pulled it out and put it into cash when it went up so for eight years he was on the wrong side of every single one of the stock market moves and because of that he lost a significant amount of his retirement assets and that's really difficult and today we find that they're struggling many of their dreams have vanished and they both actually had to go back to work now there's nothing wrong with work but it's just not what they had planned so we can't emphasize enough right out of the shoot having a financial planner is so important because it gives you a plan it gives you a vision it gives you an idea but it also does this which I think is most important it takes the emotion out of the marketplace which can get the best of you think you know what's going to happen at a new presidential election and frankly you don't that's right so let the experts help you with that because we don't want to have what happened to them happen to you today we want to share some practical ideas that may maintain or even improve your financial situation and again the number one lesson today is don't manage your money without a financial planner and we don't mean a stock broker what we mean is someone who has a fiduciary responsibility to make recommendations that are are really good for you not good for them and they talk to you about the strategies and you might say well sure they do but they also talk to you about withdrawal strategies right how much should you be withdrawing each year in order to preserve your nest day how much do you need each month and then they pull it from the smartest place it needs to come from using tools like tax loss harvesting you can't just take money out of a stock because you want to because you're going to have capital gains right right and you know we're not a big fan of multiple planners but we'll leave that part up to you so the first one is make sure you get a financial planner somebody you're comfortable with the second is keep your emergency fund intact kind of no matter what you need to have emergency savings that doesn't disappear when you retire it's more important than ever to have accessible cash set aside for any type of emergency so two three four months of expenses in a cash account that way your financial planner can invest the rest of your money and always always be thinking about you're going to need more money in 60 days so what can they put you into short term so you want to have this cash account so you can cover any kind of emergency expenses or just if you want to leave stuff in the market a little bit longer you've got some cash or even if you have any big purchases that are coming down the pipe that's true making sure your financial planner knows that you're ready for that so the second thing is the emergency fund now here's another um here's another way that you can get into trouble or you're also a way to dig yourself out of trouble you want to take a look at all your luxuries and make sure that they haven't become a burden because frankly that happened to us we both had jobs we were both working gosh 15 years ago we bought our first boat and we bought four boats over the next 15 years but we could afford it because we both were working we both had money and it was our floating vacation home so to speak I I call the last one that we had a lifestyle about because we went away on that one a lot it was a little bit larger but once we were tired all of a sudden it was like well we don't really want to go out on it the weather isn't good you know we'd rather stay home we'd rather be with for the price of diesel or the price of gas you know the price of storage the price of hauling the price you know all of those things have to be factored in when you have a fixed income yeah and we didn't have the same earning capacity to kind of keep up with the luxury so we stopped using it and then it became a burden like why aren't we using it and it was a year ago now that we decided to sell it and it's sold within a month because we kept really good care of it but the thing is if you have luxuries it's really important to take a look at them and say that's something we're really getting a lot of satisfaction of because it's going to cost you money well there are also luxuries that you have and then there's luxuries you provide for others right so we have six children and we were providing cell phones homeowners insurance auto insurance airline tickets for them and their significant others are partners and you know that was all fine when we were dual income but as they aged and as we aged and as we came into a fixed income place we needed to start peeling some away and giving those responsibilities back to them and they can afford it they all have great jobs and if they're ever stopped but it was a luxury it was to be able to do that for him but but frankly it also gave us a lot of satisfaction a lot of fulfillment to be able to help them right so it was hard for us to Pivot to in our mind take these things away from the kids but they you know at some point they've got to be to stand on their own two feet so and we needed to reduce the support so we sold the boat we paid off two car loans we came to an agreement with the kids and slowly weaning them off of some of these things we've always paid for you know because they they can't afford it and you know they they they're fine with it right they even they say it's kind of silly that you're paying my cell phone bills so it's it's another cord to cut that um you know it's hard to do but we want to encourage you to do it yeah so that was the third one the fourth one is you know really trying to figure out how to live a little below your means you know and that's new for us for our entire career as our income went up our living style and our cost of living and everything we did went up with it you know hard work learning and growing you know we were climbing the corporate ladder Mark was building his business you know it was easy to have your lifestyle kind of follow you yeah and you know we both come from humble beginnings and we improved our lifestyle as we went up but then then it's sort of when when you retire you have to think okay well my income's not going to keep going up as a matter of fact it's going to go down so how do we want to live what are some things we can do to live within our means and even underneath our means so and there were a couple things we had to agree to right so you know I call it shopping for sport right so there's there's no more you're better at that than pickleball kind of just opening up and saying oh you know look what just came into my feed I'll take a look at those earrings or that bracelet or those dresses or those sunglasses I think about it I kind of have a little bit of a sunglass addiction so so you know there was you know we agreed that we would do no more shopping for sport yeah it was one of Instagram Amazon it's so easy to spend money today and you get hooked on this new game you don't even leave your house you don't even leave your house you know keeping up with the Joneses that's not necessary anymore right you know who are the Joneses anyway today it's other retirees we're not taking on any more debt we've paid down most of our debt you know again we have a financial planner and you know we have a more modest wardrobe I mean our fancy or fanciest clothes are for our YouTube channel right and we're eating out less we made the agreement that for health and economic reasons we would eat out less so leave living below your means is something you can control and it's something that you can put some time and intention into so another really important thing to get to know is everything about social security and we we don't know that much about it so our financial planner and our accountant has said you don't need to take it yet and that's kind of all we're thinking about at this point they'll let us know when it makes sense and when it makes sense it'll make sense but you have to really understand or have someone coaching you on what's important because everyone's financial situation is different yeah and I really believe the more you know about it the better off you'll be even if you do your own investigation you know Social Security was not meant to be your primary source of income as you age in America it was meant to be a supplemental income so you have to understand the amounts you can get at what future ages and can you still work and does your state tax it or not you know there's a lot of rules around Social Security and my recommendation would be just get to know your rules in your state around your age just for the knowledge I don't know but I think there's a certain amount of uh you can't earn a certain amount of money and still get Social Security I don't really know but you have to know that's I guess that's the point you really need to know everything about social security check with your account and your financial plan right here's a big one for us and it should be for you too I think you know money will never buy you happiness and we've heard that like our whole lives and so we actually did a little bit of research and you know what really defines happiness for us and we came across this quote and part of it is from Warren Buffett but it says you know we want to do what we want when we want with whom we want for as long as we want and that to us will Define our happiness you know now some of what you do will require money but it's not all about buying stuff and things you know most of what we do for happiness now is experiences I I would think that for us and tell me if you agree but the something we just spent money on is giving us more happiness now for a very low value than anything else I remember paying forever you know what it is your pickleball racket pickleball so we joined the YMCA uh for like eighty dollars a month for the family we bought a pickleball racket for 100 bucks and six balls for eighteen dollars and we're getting like five or six hours of use out of that each week yeah that's happiness that really is making us happy it's not a new car it's not a new set of golf clubs right it's not what we're used to thinking that was um would create happiness and we're also looking at vacations differently right now that we have the full seven days to ourselves many vacations to visit friends or family you know they become Tuesday Wednesday Thursday versus the high traffic weekend Friday Saturday Sunday so many vacations Beach days lunch dates you know we just renting a boat for a day we're doing that with company comes we're renting pontoon boats now for the day to take companies out it's three hundred dollars for a day which in one respect sounds like a lot but it's a lot cheaper than owning a boat right that's true so we still get out on the water now look you clearly need money in retirement we all can agree on that but how much do you need and how much is enough you've got to figure out how much you have how much you can pull out each month and how long it's going to last those are key questions you need to work through with your planner and your account yep and paying attention to some of these things that we just shared will help guide you and keep you out of trouble now we hope you enjoyed this video and if you did you're going to like this next one called the truth about early retirement what they don't tell you it's one of our most popular videos and you know we're not getting any younger so why steal these fabulous years from ourselves our family and our friends watch this one next
so you'll pick me up tonightÂ
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the stacking Benjamin show [Music]Â Â I'm Joe's mom's neighbor Doug and good newsÂ
today is all about getting your way which is  my favorite here to help us work out our goalsÂ
and find happiness we welcome retirement coach  Veronica McCain for our Tick Tock minute we'llÂ
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no it's the Ohio State I thought it was just oh no  no it's the this is from the personal financeÂ
section it's written by our friend Veronica  dagger a Veronica writes why it's now easier toÂ
underestimate your expenses and overspend let's  dive in Veronica writes many people have a gapÂ
between what they think they spend and what they  actually spend this gaps wide recently is theÂ
financial and psychological effects of higher  prices further strain people's budgets ElevateÂ
inflation is rippled through Americans wallets  for more than a year now some have cut back WhileÂ
others have increased their spending to keep up  credit card balances were staying relatively flatÂ
for a while but have jumped higher recently oh  gee you and I let's take it from here I thinkÂ
that this is a year where it's crucial to have  your finger on the pulse of what your expenses areÂ
you know you hear people joke about eggs you hear  people joke about the grocery store of course forÂ
a while there you saw the gas pump that seems to  have leveled off at least where you and I live butÂ
I think if you don't have your finger on the pulse  you're just gonna have less money at the end ofÂ
every month well the availability of credit cards  and accumulating that Consumer Debt really makesÂ
it easy to continue to live the life that you want  to live even if the cost of living has increasedÂ
a little bit because you don't feel the pain of  that right away you know it's like that kind ofÂ
slow death by a thousand paper cuts type of thing  it's like you have a little bit of a balance thatÂ
carries over then you have a little bit more of a  balance that carries over and a little bit more ofÂ
a balance that carries over and so that's a really  good really good signal I think is if you if youÂ
go month to month and you're not paying off your  Visa bill every single month or if you had beenÂ
and now you're not yeah that's a good trigger to  go like whoa what changed here that'll snowballÂ
pretty quickly listen to this statistic just to  tell you how many people are not paying off theirÂ
credit cards Veronica writes in the fourth quarter  of 2022 the average household's credit cardÂ
balance was nine thousand nine hundred ninety  dollars up nine percent from a year earlier nineÂ
percent higher it's a huge big number according  to wallet Hub customer Finance website meanwhileÂ
the average credit card interest rate of course  rose with spread right yeah uh to record high ofÂ
about 20 percent last week according to bank rate  those are some there's some big downsides forÂ
not tracking your expenses yeah thinking about  the math on that real quick it's like okay tenÂ
thousand dollars at twenty percent you're spending  150 100 you know 200 a month of Interest that'sÂ
not going to pay that off if you think okay well  I make 80 grand after taxes bringing home youÂ
know 60 after taxes and health insurance and  401ks and all that sort of stuff that's a solidÂ
chunk of your annual budget that's just going to  interest payments that doesn't really accomplishÂ
anything for you so if you're one of those people  that that balance is increased on I think it'sÂ
really important to figure out how to tighten  I think one way if you have an accountabilityÂ
partner a spouse a friend that you're working with  I really think this can be way easier than peopleÂ
think that it is Cheryl and I just have a weekly  meeting we meet for 20 minutes it's over wine orÂ
over pancakes depending on what time of day it is  it's not complicated we just look through it OGÂ
and I think it can be that simple it doesn't have  to be you know you're using what you know I loveÂ
the tiller money app I think it's fantastic how it  takes a spreadsheet and downloads everything everyÂ
day and you've got whatever numbers you want you  can plug those into your spreadsheet and get it soÂ
you can slice and dice however you want I like the  cube app as well we of course have lots of fansÂ
who use YNAB as a great budgeting tool but it's  not really it doesn't even have to be that hardÂ
it just has to be having just a finger on on the  pulse like where where's our money actually goingÂ
you know it might have been you who mentioned it  years ago oh gee it could have been Paula pant butÂ
but a lot of people feel handcuffed when they feel  like the advice is look at your budget everyÂ
month and decide all the details that you're  spending on and I think that's one of the thingsÂ
that intimidates people or just is a huge Downer  against budgets I don't think you have to do itÂ
forever and ever I honestly think you set up a  budget we use whatever template you want to useÂ
make your own or use some of the ones that Joe  mentioned and then you check in on it for let'sÂ
say the first six months or eight months however  long it takes you to establish habits for just theÂ
way you live just the normal everyday stuff and  then once you've sort of curtailed yourself fromÂ
essentially taking out a loan to buy that pair of  pants or that whatever that thing is you think youÂ
need uh I don't think you need to check in on that  budget that often I think it's I mean honestlyÂ
I'm checking in on mine every maybe six months  to a year I think that I think the big Point hereÂ
Doug with inflation having gone up as quick as it  did the point is to have these early warning tripÂ
wires that if you're not going to check it that's  fine but you got to have a tripwire that alertsÂ
you then that stuff is real and it's different  than it was three months ago because to OG's pointÂ
if you don't catch it early this gets Beyond you  I mean but Wells Fargo's PR team finally gettingÂ
getting ahead of the story here and got themselves  in this piece listen to this I like this moneyÂ
grows much faster than most people expect because  interest is not interest says Michael learsh headÂ
of Wells Fargo and companies advice and planning  center it's a great quote a similar conceptÂ
though applies to inflation prices rise and if  inflation remains high prices continue to grow onÂ
top of already inflated prices leaving people off  guard quote people get constantly surprised thatÂ
their money isn't going as far as they thought it  would and in fact the cost of eating out and goingÂ
for drinks continues to take Dina lion aback even  though the 36 year old married mother of one'sÂ
dining out and ordering in far less than she did  a year ago some prices still give her stickerÂ
shot she says the difference between cooking at  home about ten dollars for nice pasta and quickÂ
sauce from canned tomatoes versus Italian takeout  for now 50 bucks is astronomical said Miss lineÂ
who lives in Brooklyn I think those trip wires  are are what you if you're not going to set it upÂ
Doug well let me ask you this I mean given your  history with money how exactly do you set up yourÂ
own tripwires so we focused all of our spending  on One credit card I have a rough idea everyÂ
month of what that that number should look like  at the end of the month and if it's significantlyÂ
higher I kind of raise an eyebrow and then I start  scrolling through transactions and realize okayÂ
those are all legit time to cut it back that's my  trip but you know then where to cut well thenÂ
I start to it's usually uh the same thing for  probably 90 percent of Americans Amazon but uhÂ
Amazon could be anything though I know that's such  a brilliant way for them to disguise what you'reÂ
buying that it just says Amazon yeah because  you're like there's no way I spent forty oneÂ
thousand dollars on Amazon last year yeah you did  like well what did I buy wouldn't you like to knowÂ
right I bought Fruit Loops and a backhoe exactly but yeah then I just dig in a little bit if ifÂ
the number is significantly higher usually when  that has happened it's because of a couple ofÂ
big purchases and I know right where it was and  um I know that that big purchase isn't goingÂ
to happen again the next month it's you that  for me that's usually what it is it's not theÂ
trickle effect of Amazon it's usually some big  some big Bill I had but uh yeah that's that's myÂ
tripwire yeah I just know that given your history  that we really need to make sure that um peopleÂ
hear the story you are harshing on me today what  is happening what am I doing I don't give upÂ
your history and what then you you yeah yeah  harsh on my open what is going on I don't I'm justÂ
saying that given your history there we go again IÂ Â think we need we need to make sure that peopleÂ
hear the story like it's a it's a great tale  hey uh speaking of great Tales time for a tickÂ
tock minute this is the part of the show where  we either have some Brilliance from the people atÂ
Tick Tock or we have hashtag brilliance from those  very same people uh Doug which one do you thinkÂ
we got today this one's legit it's solid yeah well  more solid than my backdrop which is just aboutÂ
fell over I love it how people are about to see  they're about to see all the canned goods hereÂ
in the basement when your professional backdrop  goes bye-bye I think you're correct doug becauseÂ
oh gee today what we're going to talk about is  how to succeed in corporate life how to how toÂ
figure out the right things to say let's listen  one of the most important skills you'll needÂ
to learn if you want to be successful in the  corporate world is how to speak like an absoluteÂ
[ __ ] week and a great way to do this is just  to totally ignore the basic principles ofÂ
English grammar so first take a random noun  and then change it into a verb so a word likeÂ
idea becomes ideate then take that new verb and  turn it back into a noun so id8 becomes ideationÂ
then take that now and change it back into a verb  so ideation becomes ideation Inc finally take theÂ
new verb and change it into a meaningless seven  word cluster an all hands Blue Sky ideationingÂ
session then sit back and wait to be promoted right that immediately it's prettyÂ
funny after your blue sky ideation  session you're you're good that's prettyÂ
funny brilliant Joe tell them some of  the we've got some of that same kind ofÂ
corporate phraseology here that that just  develops organically just happens we haveÂ
we've come up with our own lexicon here uh  OG we need to talk to you over by the canÂ
peaches we say that you're getting canned  first time Doug got canned he thought it was a bigÂ
deal oh God I was remember that yeah I was I I had  Joy I mean uh tears in my eyes and when it's niceÂ
outside so you know we want to leave the basement  we meet up by the clothesline which we call DougÂ
getting hung out to dry there it is we didn't need  the bump this is serious work OG we're all tryingÂ
to get promoted here hey coming up is a woman that  I don't think we need to promote a lot becauseÂ
when it comes to retirement planning people  take it way too cavalierly oh gee you know thisÂ
better than most people spend more time planning  their family vacations than they do planning theirÂ
retirement which shows why so many people are not  successful at retirement planning well VeronicaÂ
McCain worked a full career and then realized that  as a second career which we may talk about as wellÂ
she was going to become a certified professional  retirement coach and a charter retirementÂ
planning counselor after 31 years of Public  Service work decided you know what time to do thatÂ
other thing that I've really really wanted to do  so she founded Savvy retirement coach with theÂ
mission to provide holistic retirement planning  Concepts focused on self health and wealth we'reÂ
going to talk to Veronica here in a second about  doing a better job planning retirement but Doug toÂ
get there I think you've got some history well IÂ Â think of it as trivia you call it historyÂ
tomato well given your history of doing the  trivia I think we should just have the trivia nowÂ
there's some massive punchline coming I can tell  I don't know what it is but okay fine here'sÂ
the trivia Joe hey there's stackers on Joe's  mom's neighbor Duggan did you know that on thisÂ
day in 1956 Heartbreak Hotel by Elvis Presley  became a number one hit the Smash Hit was writtenÂ
by the Queen Mother of Nashville Mae Boren Axton  and Tommy Durden Axton played a recording ofÂ
Heartbreak Hotel for Elvis at a disc jockey  convention in Nashville and the rest is historyÂ
so since we're on the topic of hotels I got some  hopefully not heartbreaking Hotel trivia forÂ
you my question is if you're evaluating hotels  as an investor what is the difference betweenÂ
these statistics average daily rate ADR versus  average published rate or APR I'll be back rightÂ
after I asked Joe's mom to celebrate Elvis by  making me a peanut butter and banana sandwichÂ
while I tee up Heartbreak Hotel on my Walkman Burning Love Joe's mom's neighbor Doug and we areÂ
commemorating the anniversary of Elvis Presley's  Heartbreak Hotel becoming a number one hit onÂ
this day in 1956 with some Hotel related trivia  so my question was if you're evaluating hotels asÂ
an investor what is the difference between these  statistics average daily rate versus averageÂ
published rate in maybe our most thrilling  trivia question yet try to stay awake non-hotelÂ
investors the average published rate is believe  it or not this is going to be amazing are youÂ
ready I'm just settle down because I know the  excitement is building it's the amount a hotelÂ
asks for rooms well the average daily rate are  you ready for this I know you've been waitingÂ
by your device all day just trying to figure  out what this definition is that is the amountÂ
they're actually getting paid for the rooms  if you're a hotel investor this is the oppositeÂ
of boring because if those numbers are close  together it means the hotel is in demand andÂ
if they're far apart you know maybe not so much  maybe I should suggest our writing team retiresÂ
So speaking of retirement Let's help you get there  permanently it's time to learn how to createÂ
your retirement your way with Veronica McCain and I'm super happy she's here at the card tableÂ
with us Veronica McCain joins us how are you that you're here because we're about to talk ifÂ
this goes according to plan we're about to talk  about all the things that you and I think peopleÂ
should talk about during retirement but often kind  of gloss over because they're you know just don'tÂ
get me wrong we're gonna talk about the money too  but it's about more than money but as a way toÂ
get there Veronica I've always believed that  if you want advice it's helpful to get it fromÂ
somebody who's kind of walked that path right  when I was a financial planner I had been oneÂ
in a long time but when I was the fact that IÂ Â worked with 200 families and I'd seen retirementÂ
over and over and over again should give people a  little bit of comfort that yes you want to do thisÂ
once I've done it a bajillion times but but I had  not at that point ever retired you have actuallyÂ
retired tell me about that do you remember the  countdown to your retirement oh yeah definitelyÂ
I mean I remember when I was working you did you  know you do the usual countdown on your calendarÂ
kind of exiting out the days until it actually  hits and then that when that day comes I thinkÂ
you get a overwhelming emotions because then IÂ Â realized you know I'm leaving my work and my workÂ
was not just work for me I actually had you know  work family what did you do by the way I workedÂ
for the federal government so I was a associate  director over several various departments withinÂ
an agency a very small agency about 300 people but  um because you're a small agency you kind ofÂ
have to sometimes do a lot so oversaw a lot of  different departments yeah so so you have thisÂ
flood of emotions where the emotions about loss  were they about excitement I don't know is it nowÂ
all the above is it purpose yeah I kind of had an  idea sort of what I wanted to do so I kind of knewÂ
what path I was going to take once every time IÂ Â know it's going to go into some type of coachingÂ
field didn't know exactly what way I was going to  go with it at first I thought maybe more in theÂ
Executive coaching area but then as I thought  about that more it kind of gave me flashbacks forÂ
work so then I decided to get into more of the  the retirement because people were asking me soÂ
many questions about you know what do you do and  what you retire how do you feel your days and thatÂ
kind of thing so um you know as I was approaching  looking into the coaching area I did look atÂ
retirement coaching and I said oh this will be  an interesting field to pursue because I like toÂ
motivate people to have people get excited about  their goals and what they want to do in life andÂ
I like the kind of the financial side as well so  um you know that's why I decided to kind of leanÂ
more toward the retirement coaching but getting  back to when that final day came yeah I thinkÂ
it was when I had the actual retirement you know  sometimes that work to give you a retirement uhÂ
party and you see everybody and they're like uh  say something say something and then when I got upÂ
to say something all of a sudden I started feeling  like I was gonna cry yeah I was looking out atÂ
everybody and I was like wow I'm you know this  is this is really the end um even though I hadÂ
something you know like I said to look forward  to going through I didn't expect that emotion toÂ
come over me like that but it did and I think a  lot of people experienced that when the finalÂ
day comes of their retirement there is like a  I don't know I mean it's just morbid but there isÂ
like a death I mean you're it is it is your last  cake right right you've been to see other people'sÂ
cake but all of a sudden you realize this is your  last slice yeah it is that that's exactly whatÂ
it is it's kind of you know that you're gonna  try to keep in contact with the people thatÂ
you work with and try to have some kind of  relationship but it does change it really doesÂ
because you just you know everything usually that  you talk about with people at work is work relatedÂ
stuff and over time when you retire that kind of  goes by the wayside with you so do you feel likeÂ
we're too Cavalier about that about that process  about the uh you know the fact that we're goingÂ
to have these emotions we just think oh I'll deal  with it when I get there yeah I think a lot ofÂ
people are just so caught up and I'm going to be  retired I'm going to be tired I can do whatever IÂ
want it's so exciting or whatever so yeah I think  you don't really feel like that you're going toÂ
have those type of emotions I think you just feel  like you're going to go to this next chapterÂ
in your life and it's going to be oh this this  burst of excitement and it is I'm not saying thatÂ
you're not going to have it but I do think there's  also a period of of where you kind of adjust uhÂ
to you know what you've left behind in your job  and your identity and all that with that andÂ
then going forward pursuing what what you had  to look forward to in retirement so it's kindÂ
of a mixed bag those first couple of years you  tell your own story but you also tell storiesÂ
of a few other people in the workbook one is  a woman named Susan Susan seems a little lostÂ
can you tell our stackers about Susan Susan is  the one who the days and the walls were kind ofÂ
closing in yes yeah yeah she was the one person  in the book that I talk about and the peopleÂ
that I talk about the book are actual people  that I coach I just use different names andÂ
scenarios names change to protect the guilty yeah she was kind of diverse and this is a thisÂ
is a lot like when you're working you're kind of  looking forward to those days that you have offÂ
where you can kind of do some things that you  want to do but then when you retire and it's everyÂ
day it gets a little daunting if you really don't  have an idea of what you're going to be doing toÂ
for your days your day-to-day life I think is the  hardest thing that most people struggle with whenÂ
they retire they have some huge aspirations maybe  of traveling or doing that but once they'reÂ
sitting in their house house on a day-to-day  basis and in the you know the walls of you knowÂ
has kind of quiet and not a lot going on you  don't have that routine of going to work anymoreÂ
it's kind of like what do I do on a day-to-day  kind of thing and that's kind of challenging butÂ
what Veronica separates your workbook from a lot  of the retirement discussions I've seen is thatÂ
you take this day to day and challenge all of us  to think really bigger about our life like I gotÂ
this feeling even in the beginning Pages as you're  telling the story that well let me just quoteÂ
you you wrote a big void needs to be filled in  retirement but it should not be filled just withÂ
things to keep you busy like this is not just a  March to the Grave this is a whole differentÂ
piece of your life and it shouldn't just be  about rearranging the salt and pepper shaker everyÂ
day or you know figuring out that the dog needs  to go for a walk like you challenge us to thinkÂ
a lot bigger about this period exactly it is an  exciting time for you to think bigger about yourÂ
life because it's probably the first time in your  life that you're actually able to do what you wantÂ
to do on your own schedule and hopefully have the  finances to do that so I think it's more than justÂ
trying to fill your days with just the stuff to do  and I think a lot of times when you first retireÂ
if you don't really have an idea of what path  you're going to go down once you retire that'sÂ
what you start doing you start trying to just  okay let me do this do this and do that and you'reÂ
not feeling you're still not feeling fulfilled so  I'm hoping in the workbook I give you exercisesÂ
to help you because people struggle with like  what does this mean purpose meaning fulfillmentÂ
or whatever yeah those are I think sometimes big  words that we use but I hopefully going throughÂ
some of the exercises in the book you will be able  to figure that out by going through the exercisesÂ
and then trying to say okay well what do I really  want to look for as far as my next chapter in myÂ
life of what I want to pursue and what I want to  do more than just these little small things thatÂ
are keeping you busy I get uh coaching from a  group called strategic coach long time stackersÂ
have heard me talk about them before but we have  we have a workbook similar to yours with these bigÂ
questions about leadership and about coaching but  you do the same thing here with retirement andÂ
this is not guys this is not a long workbook but  if you're doing this right it may take you monthsÂ
to fill this stuff out because I could see myself  Veronica peeling off maybe two pages and reallyÂ
because the thought that goes into each page of  this is really the important part well let me giveÂ
everybody some of the tips from the book that you  have early on because you have workbook piecesÂ
and then you have some tips here's some tips  early on for when you first get to retirement toÂ
kind of send you on this path while you're filling  out the workbook schedule activities you enjoyedÂ
during when you took time off from work journal  and reflect on your expectations of yourself asÂ
a retired person I love that word Expectations by  the way read books and articles listen to podcastsÂ
and a variety of topics to discover what most  interests you now and volunteer for differentÂ
organizations to discover how you most enjoy  helping people and helping help being out it feelsÂ
to me Veronica like you're challenging people  also to don't be afraid to explore like go go tryÂ
stuff expecting that it might not be a fit exactly  that's exactly right Joe I want people to not beÂ
kind of Trapped into thinking they have to have  everything planned out to just go out and just doÂ
things that they find intriguing or they interest  them and then from there they can determine whatÂ
they want to continue to pursue what they don't  want to continue to pursue but don't don't limitÂ
yourself on what you what you think you should be  doing or how you should be doing it this is a timeÂ
for you to be adventurous and explore at different  Avenues and things that interest you and a lot ofÂ
times that's kind of a hard thing to do for people  because they've lived this kind of structured lifeÂ
up to this point with work and all that and to try  to say oh just go out here and do whatever and tryÂ
to figure it out it can be a little intimidating  like whatever what yeah yeah so I'm hoping thatÂ
the exercise in the book gives you clue you know  kind of cute used to okay these are some thingsÂ
volunteering doing some other things that you  know she thought about what maybe when you wereÂ
younger and didn't pursue kind of go back to those  times of those thoughts and and try to figure outÂ
if there's um things that you want to pursue now  so yeah it's it it's funny because I I reallyÂ
went through this crisis where I felt like not  just there's a lot of stuff not interest me butÂ
but I'm like okay I want to get involved in my  community I want to get involved in organizationÂ
but but which ones I don't this could sound very  horrible Veronica but I just didn't I just didn'tÂ
care about any of them and then I realized that it  wasn't about that I need to just go get involvedÂ
and when I found out and ultimately at first it  was the Arthritis Foundation I got involvedÂ
with I found out about juvenile arthritis IÂ Â found out about all of these things happening inÂ
the arthritis Community I got involved in walking  trails around town and I realized how walkingÂ
trails uh not only your Healthy Living but  beautify a city but they're also very inexpensiveÂ
ways for cities to raise property values like IÂ Â learned it by exploring exactly what you're sayingÂ
to do in the book exactly that sounds so great Joe  because that's exactly what I'm hoping peopleÂ
would do once they start retiring just like you  said you did you just started going out and doingÂ
things and as you started doing those things you  learned so much and it got your interest even moreÂ
into whatever activities you were pursuing the one  thing that people have to realize when they retireÂ
you have to be just to be intentional you have to  go out and do it it's not going to come to you andÂ
a lot of times I think you know when I'm working  uh coaching with clients they're like well I don'tÂ
know I don't know I'm like well you got to go out  and try you can't it's not going to come to youÂ
you've got to go out there and pursue it and once  you do and when you know you will see oh okay thisÂ
doesn't just me or this doesn't interest me but  you've got to go out there and do it can we talkÂ
about that what you just said about you kind of  kicking people in the butt and and kicking themÂ
out the door to go you know like my mom used to  say don't come back inside until that light turnsÂ
on you know we we back when kids went outside  side maybe I'm dating myself there but you endÂ
almost every chapter of this workbook with who  are going to be your accountability Partners itÂ
seems to me like accountability partners are a  big piece of this tell me about how you how do youÂ
find these people Veronica maybe just before you  retire yeah and sometimes say you know who theyÂ
can be they can be trusted friends and and people  that you know I think sometimes there are peopleÂ
that are asking you questions about yourself and  are intrigued about you as an individual but youÂ
do have to find sometimes an accountability person  because in retirement there's nothing pushingÂ
you to do anything and if you don't sometimes  have somebody that you can hold accountable andÂ
if you can't find someone within your your network  I would advise you to look for a coach becauseÂ
that's because what they can be as well pursue  look um for a retirement coach or a life coachÂ
or or someone in that field because they can be  your accountability partner but if you're findingÂ
that you're struggling trying to get stuff done  and you're not really getting out there or you'reÂ
bored and you're restless and you want to not get  some pickup and you're like you definitely needÂ
to look into getting somebody to be accountable  and help you because I even have coaches that IÂ
work with and I'm a coach yeah yeah me so it's  just something that just like I said it helpsÂ
you keep you accountable to someone to keep  you motivated to do things I think that kind ofÂ
like you Veronica I just get this feeling that uh  with my coach if I say it out loud to Mary LouÂ
it means I gotta go do it like that if somebody  tells you or if you tell your coach then youÂ
then you have to go do it I want to stick with  this theme of uh friends and family a little bitÂ
because those might be some of the people you're  bouncing stuff off of but you also say if you'reÂ
having trouble finding your sense of purpose that  friends and family might be a good Outlet yeahÂ
and that's what I found for me that's why I said IÂ Â want you know I knew I wanted to go into coachingÂ
I wasn't really sure which way I wanted to go and  the reason why I decided to be a retirement coachÂ
is because friends and stuff are saying you're  good at coaching and talking about this retirementÂ
stuff or whatever and I'm not like you should  do something with that and that's why I pursueÂ
becoming a retirement coach but I think oftentimes  friends and family see things within you that youÂ
don't even see yourself they recognize talents and  things that you have that you're like oh okayÂ
you're right I do enjoy that you kind of brush  it off and maybe not pay attention to where theyÂ
might be and I think when you're listening to your  friends and family you have a tendency because youÂ
trust them to listen to their guidance a little  bit maybe more than somebody else that doesn'tÂ
really know you so I say I always lean into  your friends and families to help you if you'reÂ
trying to figure out maybe you know some things  you might want to do they might say well you'reÂ
good at organizing or you're good at accounting  or you're good at this or whatever and they mightÂ
give you some cues to help you figure out where  that next chapter is going to be in your life inÂ
retirement so definitely look for them for that  I like the fact that you go through a lot ofÂ
this first about about purpose and value and  meaning before you get to the money in chapterÂ
two because your chapter two then really is  structured around okay now that you know that weÂ
can focus on spending money where it's important  and saving money where it's not and hopefully IÂ
have an idea there you start off with some good  tips you talk about traveling a lot of peopleÂ
in retirement want to travel uh you say to be  a conscientious traveler what is what does thatÂ
mean yeah everybody always says when they retire  they want to travel and then all of a suddenÂ
they just start going places and not really  thinking of where they really want to go and whyÂ
they want to go there I kind of had to regroup  because when I first retired I kind of I thinkÂ
everybody does that you go through that I just  want to get out and go go go go go go and you'reÂ
just going everywhere but you're spending money  going everywhere and so you want to kind ofÂ
maybe reel that back in it's okay to have that  little brief period of doing that but you want toÂ
reel that back in and really think about you know  where is it where do I really want to go why doÂ
I want to go there what do I want to experience  once I get there make sure you're spending yourÂ
travel dollars on things that are value to you  and make yourself more conscious of the typeÂ
of traveling you're doing I know I did a lot  of girlfriend getaway travels you know spy andÂ
all that and that's great but I really want it  I want to explore the world that's what I reallyÂ
want I want bigger trips and so you know you need  to just be conscious of what your goal is as farÂ
as you're traveling and where you what you want to  see and make sure you're you know you're puttingÂ
your money into that type of travel versus just  doing things yeah yeah what I really like thatÂ
you shine a light on is now that you're retired  you can really lean into off season and one thingÂ
that's not in your workbook that I love about off  season that Cheryl and I have found because sheÂ
is a somewhat flexible job and I could travel  whenever man off season you get more of the localÂ
experience because the places aren't full of a  bunch of tourists people are more likely to beÂ
able to linger and talk to you like off season  is great but to your point you save you save aÂ
bunch of money there too exactly and I travel  now that's all I do is try to travel off seasonÂ
because just like you say as far as you want to  make sure with your dollars that you're spendingÂ
them in a conscientious way as far as when you're  traveling too going off season I feel like thoseÂ
retirees the best time for you to travel because  you really get a feel for everything withoutÂ
the crowds and like you said the pricing is  better you're able to enjoy it in a differentÂ
way what are some other ways that new retirees  and people that are stackers that maybe are areÂ
getting close to retirement can think about areas  where they might be able to save money besidesÂ
on discount or off season travel at first I would  just look in your budget overall of what you youÂ
know you have developed as far as your I think  everybody should be tracking their costs beforeÂ
they retire and coming up with a overall budget  um what they think their retirement is goingÂ
to be but some of the things you can look at is  cars you know the insurance and things of thatÂ
nature look at that to see if there's ways you  you can save on that once you retire there'sÂ
also lots of discounts and stuff like we were  talking about off Seasons but also if you kind ofÂ
pursue looking you know if you want to go to Parks  or whatever whatever your um interest might beÂ
looking for ways you can get discounts on things  of that nature and just be aware of any ways youÂ
can save money with traveling it's just a lot of  different ways out there too for other things asÂ
well two big ones I really like that you had uh  if you've got two vehicles you might be able to goÂ
to one you know think about what you think about  Transportation evaluate your life insurance doÂ
you need it anymore are you financially solvent  enough where maybe you could get rid of that andÂ
then a medical one which I really liked was hey  this medical thing is going to get expensiveÂ
stay healthy which also gets you out of the  house I feel like Veronica again you're kickingÂ
people's butt out of the house I definitely with  the medical and the exercising and now that you'veÂ
got all this time you've done definitely can get  a nice physical routine into your everyday lifeÂ
just simple walking I know I take morning walks  every morning and not just for exercise but forÂ
meditation purposes for me as well but yeah we  all know the medical cost is a big expense whenÂ
you retire and we also know that you get more you  know seditary in your way you're not as active asÂ
you were where you were working so I do recommend  that you do have a physical fitness routine forÂ
yourself when you retire to keep yourself healthy  so you can reduce those medical costs becauseÂ
a lot of the Medical classes stuff you can  prevent yeah and things that you could be doing toÂ
prevent you get but you got to start early on your  retirement and start doing things to keep yourselfÂ
healthy when we go to the doctors at a certain  age you're all getting those oh you're close youÂ
know borderline there's water flush that and stuff  it's time for you to really you know we're at thatÂ
point you can do things within your health to keep  yourself more healthy so yeah yeah definitely IÂ
look at a hamburger now and my cholesterol goes up  I just look at it I don't know how that medicallyÂ
happens but it's crazy that is we all we all know  that feeling with people that own their houseÂ
you have a section of your workbook to go through  Renovations on your house and thinking aboutÂ
your housing situation this is the number one  area in our budget our house what are some ofÂ
those key considerations about our housing we  should be thinking about yeah a lot of peopleÂ
like especially if they want to stay in their  houses should look in as far as their as I callÂ
Aging in place in the houses and look how well  their house is going to be able to support themÂ
once they start aging and look at you know I have  a checklist in there of things that you shouldÂ
look at as far as your stairs and your appliances  and just repairs and stuff that you might needÂ
to do to your house as you start getting older  those kind of costs if you're not prepared forÂ
them can wreak Haven on your retirement budget  so if your house is where you want to stay thenÂ
you definitely need to look at it like even the  showers grab bars and um stuff yeah steps ifÂ
that's going to work as you get older I know  with my husband he had had accident he couldn'tÂ
go up the steps but it made me start thinking  you know as we age you know we're not able to goÂ
up the steps how are we going to do it because  we don't have bedroom on our main level so thoseÂ
are the things that you need to really think about  if you're going to decide to stay in your houseÂ
so what you need to do and kind of come up with  a plan so it doesn't all hit you at once becauseÂ
sometimes it does you know unfortunately it'll be  unexpected like your husband's too I mean there'sÂ
no you know Tuesday everything's fine Wednesday  the game's changed exactly and you need to kind ofÂ
be thinking about that especially like I said if  you plan on stay in your house what your game planÂ
is and start trying to figure out how you can get  your house accessible so that as you age it'llÂ
it'll still suit you yes you talk about moving  and about a lot of people of course think aboutÂ
moving when they retire and you also talk about  friendships and I'm glad that you coupled the twoÂ
of those together because one thing I've always  thought and now I know we're here to interview youÂ
Veronica but I'm going to pontificate for just a  second no problem because I feel like people thinkÂ
of moving wait we talked about being too Cavalier  with this whole thing this especially to me isÂ
an area where people are too Cavalier I'm just  going to move closer to to my kids and what youÂ
find is that your kids are really busy they got  a bunch of stuff going on you become a full-timeÂ
babysitter but you don't end up interacting with  them in the way that they want and all ofÂ
these close friendships that you developed  over the last 30 40 years I'm a guy who lived forÂ
a decade in Texarkana I moved away to Detroit for  two years and Veronica we came back and notÂ
because I have family here in quotes because  all my friends are here I see some of my friendsÂ
as my friends are getting older you know I find  them getting vacation houses that are far awayÂ
and we're we never get to see them anymore and  I feel like this loneliness this isolation thatÂ
we put ourselves into because we think it's great  like we're I feel like we're way too CavalierÂ
about that but anyway I will shut up I'm gonna  get off my steps duel what do you think do you doÂ
you're sad at all Joe that is exactly what people  do they're very Cavalier they have this idea ofÂ
oh I'm gonna live here and it's going to be this  great but they have no special connections thereÂ
yes or I'm gonna go near the grandkids and the  grandkids are getting older the grandkids areÂ
going to grow up they're not going to be here  forever be little kids they're gonna grow up andÂ
have their own things or even if they're already  older they you know have their own activities andÂ
stuff to do so that's why in the in the workbook  I give a checklist you know it just even askedÂ
them oh yeah we want you close by and I say also  don't let your only connections be your kids yourÂ
grandkids or your kids you know you need to have  other social connections outside of them becauseÂ
a lot of people say I'm a little bit closer for  the children and that might not work out so yeahÂ
it's one of those things that I think everybody  has this idea of how it's going to be yeah thisÂ
grandiose kind of idea so not true so not true  and that's why hopefully when you go throughÂ
the workbook and you look through the checklist  and if you do the exercises that are focused onÂ
that you'll have a clear perspective of whether  that's a great move for you or not whether it'sÂ
going to work for you and as you retire because  I think it's hard harder once you get there to tryÂ
to move back so oh agree yeah yeah uh you talked  about how I was a retiree now you know you're notÂ
forced to get up and go to work you don't have to  now lead the charge like you did in your careerÂ
Veronica with your department with your agency  time management then becomes really importantÂ
then for retirees if you're going to get what  value you want out of life so you talk aboutÂ
morning routine daytime routine idea week  again accountability Partners but but IÂ
wanted to end by talking about this time  management system for retirees you call it uhÂ
postek p-o-s-e-c can you walk us through that  one of the things that people struggle withÂ
the most and I kind of alluded to that before  is you had a routine when you were going toÂ
work once you retire that routine is no more  and I find a lot of times with new retireesÂ
especially that's where they feel the most lost  is there's no structure to the day anymore they'reÂ
kind of and all you know all over the place and  don't know how they can spend time sometimes justÂ
Milling around not doing anything or whatever so  I want you to I you know sometimes when I tellÂ
people you know structure they kind of you know  like that's why I'm not working anymore IÂ
don't know why not I don't like yeah well  easy easy there all right if you want to try toÂ
put me back at work with destruction my name is this is the whole purpose of retirement I thoughtÂ
for me to just kind of Mill around and not do  anything but I thought we find that when peopleÂ
do that they get very bored so I just ask that  you just think of your days and more how am IÂ
going to start my mornings how am I going to  get up in the morning get started and get goingÂ
through the day I think once you get that start  up in the morning of what you're gonna do it kindÂ
of guides you through the rest of the day but you  do need to think about how am I gonna just getÂ
my day started you know when you don't have an  alarm clock to get you going every morning so yesÂ
the workbook is is my retirement my way it's a  workbook for the newly retired it's funny the wayÂ
that you go through goal setting like a 30 year  old would just reminds me the purpose is importantÂ
no matter no matter where you're at in life and uh  the book's available everywhere correct yes itÂ
is yes well thanks so much Veronica for helping  our stackers get successful with their retirementÂ
it's funny we talked to a guy Wes moss in Atlanta  about his book what the happiest retirees knowÂ
and it's so funny how it lines up so well like  if you read that and do your workbook you'reÂ
gonna implement this and you're more likely to  be one of those happy retirees so thanks forÂ
this work no thank you thanks for having me  this is Daryl from Pennsylvania when I'm not busyÂ
arguing with a four-year-old um stacking Benjamins oh gee I love that we can talk to VeronicaÂ
for over 25 minutes and uh the concept of  asset allocation doesn't even come didn't make itÂ
doesn't make the cut we're so busy talking about  what about my efficient Frontier it's all going toÂ
change I mean not the efficient Frontier but just  your emotional landscape I totally agree with herÂ
you see it all the time you go through this this  metamorphosis when you hit retirement and even getÂ
close to it that I think most people are way too  wait I guess they're not expecting it's a wholeÂ
different world I mean if you've been successful  in your entire life this is the transition IÂ
mean just inside the money concept not not all  the other stuff that she was talking about rightÂ
like time and energy and all that sort of stuff  but just the money piece of it transitioning fromÂ
being a good saver your entire life to being a  good spender for the rest of your life in and ofÂ
itself is a difficult change so hard to make that  switch and it's even harder when you don't reallyÂ
know what you want yeah you're much more likely to  just hold on to the money and the thing that youÂ
underestimate is time you don't have forever to  decide what you want to do would you rather haveÂ
Charlie munger's money at uh 90 or his wisdom at  uh or you know what is he a hundred or somethingÂ
like that is his you want to trade places with  him basically no nobody would trade places withÂ
Charlie hunger right now for all the money in the  world well what if Charlie Munger likes whatÂ
he's doing I understand that I'm just saying  like nobody would trade places with him becauseÂ
of the time you know because he's 90 something  oh like he's got billions of dollars so it's notÂ
it's not necessarily always about the money I see  what you mean but so you so to Joe's Point you'dÂ
end up with a really really happy last two years  of your life yeah that's right well it's ourÂ
it's our friend uh doc G's book about hospice  you know about these people who spent theirÂ
whole life chasing dollar bills or people  that spent zero time chasing dollar bills theyÂ
spend all their time going no I don't need any  money and then they realize if I would haveÂ
had some I could have had better family time  that's a good book hey let's throw out DavidÂ
lifeline and tackle some of life's most important  questions our friends at Haven life insuranceÂ
agency Doug they put what you value first IÂ Â tell you what uh white breasted nut hatches whiteÂ
breasted nut hatches yeah what is that that's a  bird and it's also a realization that you'veÂ
become old because one day you're joy riding  your frat brothers brand new car to Florida whenÂ
all he thought was you were like driving around  the block and you're like we're going to FloridaÂ
and the next day you're getting out your bird  ID app because some Bird shows up outside yourÂ
window what is that at least it's an app and not  a book yeah true but uh and then I also spotted aÂ
fairly rare for my area a brown merger [Laughter]Â Â both of those are fantastic names for birds andÂ
I saw them both this morning but you know you  know number one thing OG is it's an app on hisÂ
phone but the thing that makes him proudest is  that it's his most used app on his phone like heÂ
gets that report from Apple and they're like you  open that Bird app a lot well thank you nextÂ
to his uh walking step counter app and the one  that monitors his blood pressure he's he's alsoÂ
the continuous glucose monitor blood pressure  number of steps in the New Balance appÂ
I don't see a problem with any of this  to order new shoes every six months given hisÂ
history Anything Could Happen hey uh speaking  of anything happening we should uh go ahead andÂ
throw a Paving Lifeline because the answer that  question Doug was your loved ones in your timeÂ
with a bird app it's why they've made buying  quality term life insurance actually simple moreÂ
time to catch the brown and merger beeping out of  the hole hey stackabenjamins.com havenlife nowÂ
please go there and then fast forward this 15Â Â seconds to get us out of this bird discussionÂ
their application's simple getting us to cover  his decision their parent company Mass Mutual isÂ
more than 160 years old so you know that they've  done this before hey uh today we we I I loveÂ
Karen repine our show Runners notes for us this  is uh Jim from Wisconsin calling in and KarenÂ
says Jim from Wisconsin a real person not Doug thanks we actually have a real WisconsinÂ
idea is that was is it wisconsinite or  is it just cheese head do you justÂ
say cheesehead yeah I think that's  the preferred term it's in theirÂ
state either Constitution hey Jim hey guys Jim here and I actually am fromÂ
Wisconsin I have a question about what  percentage to contribute to my traditional 401KÂ
versus my Roth 401k I'm five to seven years away  from retirement maxing out my 401k contributionsÂ
I read somewhere that when you have saved six  times your annual income you should move allÂ
your future contributions to the Roth option  what's the thought process in deciding how muchÂ
to put where I'll be looking for that shirt thanks  Jim thanks for the call thanks by theÂ
way for proving that you're really from  Wisconsin uh Burton from Minnesota needs toÂ
learn from Jim he's got to put some Midwest  on that uh yeah if you're listeningÂ
from last week take a note from Jim  it's a good effort Jim I'll give you thatÂ
I mean you made a You made an attempt but [Music] it didn't you don'tÂ
think Jim really talks like that  but that is not a Wisconsin accent oh notÂ
as good as yours was is that what you're  saying I don't know what you're talkingÂ
about not as good as the interloper yeah  Jim thanks for the call oh gee have you heardÂ
this uh rule of thumb that he's using six times  nope six times what six times something I'veÂ
never heard that gym next time something I've  never heard it yeah the answer to when should IÂ
put money in a Roth 401k versus a regular 401KÂ Â is largely determined by your ability to pay theÂ
taxes today you know you think about it if you're  making a hundred grand and you're contributingÂ
the maximum to your 401k you're putting 22Â Â 000 in your 401k this year which if it's pre-taxÂ
is going to lower your taxable income to 78 000Â Â before your deductions and all that other sort ofÂ
stuff that roughly is going to save you maybe four  or five thousand dollars in federal taxes becauseÂ
of that contribution not including any state taxes  if you switch to the Roth side then that deductionÂ
doesn't appear in your W-2 so you effectively are  going to have a four or five thousand dollarÂ
additional tax withholding throughout the year  so it's you know back to our discussion at theÂ
beginning of today your budget is going to be  affected by call it 400 bucks a month if you canÂ
afford that if you can fold that into your budget  and not go into credit card debt or not have toÂ
borrow more money for cars or student you know  like if you can deal with it then obviously it'sÂ
better to pay your taxes today well not obviously  but it makes most sense I think to pay your taxesÂ
today because it's a known thing you know in the  future all of that money becomes tax-free foreverÂ
and there's no there's no government requirements  of withdrawals there's no government requirementsÂ
of those distributions that you have to take once  you are retired it's all in all the roths sideÂ
is way way better but it comes at a cost which  is that 500 bucks a month well and I think I wouldÂ
think OG you know he talked about doing the Roth  later in the pretext earlier I would think thatÂ
to pay that cost and to make it even more worth it  because of the fact that you are prepaying the taxÂ
you need those assets to grow much much much more  so I would think that at the very least flippingÂ
that around and doing the Roth first makes more  sense like the further you are away do the RothÂ
don't don't do pre-tax first and then switch to  Roth I would do Roth as early as I can and switchÂ
to I mean if I'm choosing one or the other which  you and I know this most people that listen toÂ
this don't we haven't had this discussion a long  time we don't think either one of these is rightÂ
we think you should be doing some of each because  you don't know what the future is going to holdÂ
but certainly or Roth first approach versus the  other way around it doesn't make more senseÂ
if you're thinking about it from the kind of  historical context of your earnings you're goingÂ
to make the least amount of money early in your  career and the most amount of money on the backÂ
end right like usually that's how it works you  your income continues to increase throughoutÂ
your career so if you have to pay your taxes IÂ Â would rather pay them at a lower rate if possibleÂ
versus when I'm 50 and I'm making 200 000 a year  maybe that's the time to use the pre-tax bucketÂ
because of the fact that most 401ks come with  company matches and those matches are also pre-taxÂ
I think that if you can start out doing a Roth  early in your career and continue to do it yourÂ
entire career you'll end up with a good enough  balance of Roth 401k and pre-tax because of theÂ
company matching contributions being pre-tax but  if you're really trying to optimize tax bracketsÂ
and that sort of thing you can kind of manipulate  it as you get toward those higher tax bracketsÂ
the problem with all of this of course is that  we're taking a very big guess at what tax ratesÂ
are the day you withdraw the money how do we  know whether or not this worked pre-tax versusÂ
Roth well if you put the money in a Roth 401k  and you take it out in the future you're bettingÂ
that today's tax rates are better than tomorrow's  tax rates you're saying I'd rather pay taxes todayÂ
than in the future because the future I think are  going to be higher that's what you're saying andÂ
the vice versa is also true if you put the money  in pre-tax today you're saying I think I can takeÂ
this money out at a better tax rate in the future  then I can pay it today so I'm you know I'm atÂ
a high tax bracket today I think I'll be in a  lower tax bracket in the future the only way thatÂ
you know whether or not you're right is after you  know that you're right because we don't haveÂ
the chart that says what are tax rates in 2037Â Â because if we did then we would be able toÂ
calculate it and say with certainty this is  a better choice based on the circumstancesÂ
all we're saying is I think I might have a  lower tax rate in the future or I thinkÂ
tax rates might be higher in the future  the one thing that I can say is that if CongressÂ
doesn't change any of the rules Roth contributions  Roth growth and earnings are 100 tax-free foreverÂ
so I don't care what the tax rates are in 20 years  from now when I take the money out because it'sÂ
tax-free yeah if I'm gonna lean I'm leaning toward  pay the taxes today be done with it that saidÂ
slots approach too by the way which is to say  you got the cash today pay it today so that youÂ
don't look at your IRA and go I've got a million  bucks in my IRA it's like no you don't you haveÂ
500 000 in your IRA because half of it is for the  government Doug I think this is really importantÂ
uh stuff for you I mean given your history with  taxes and I have no history with taxes so I'mÂ
good well maybe that's the point you gotta earn  something to pay taxes maybe that's the point bigÂ
thanks to you Jim for the call if you would like  to call and ask a question you know what we willÂ
send you a Haven life stacking Benjamin's greatest  money show on earth circus t-shirt and Jim fromÂ
Wisconsin really from Wisconsin is getting one  cent his way slash voicemail gets you the shirtÂ
and we're happy very happy to send it to Jim as  I stare ready Doug as I say that I don't know whyÂ
I'm staring at Doug as I said Jim well he sounds  hideous what are you talking about well it'sÂ
just I mean it's like a fiction just thing right  this gym it's like the the State Farm guy that'sÂ
who you're talking to I know I think it's Jim IÂ Â think somebody's having a tough day there OG wellÂ
before we say goodbye today time for our community  calendar man we've got a great week over on theÂ
stacking deed show where Crystal Hammond and Alan  Corey dive into real estate Alex e Edwards isÂ
a guy who helps uh has helped a lot of people  in the southeast part of the United StatesÂ
get out of intergenerational poverty through  real estate teaching some real estate helps themÂ
learn how to buy houses how to learn to do it in  a responsible way he's going to be their guest onÂ
tomorrow's show over on stacking Deeds of course  our other sisters show the earninginvest podcastÂ
doc G always has guests who dive deep into Allah  into some some topic that is uh always excitingÂ
and a fantastic and a fantastic discussion he  has a friend of ours Fritz from the retirementÂ
Manifesto coming up on Thursday Fritz is a guy  who retired young documented his retirement an OGÂ
to Veronica's Point earlier in today's show Fritz  has really done it right this guy is so busy butÂ
now doing that second career I think he serves on  a couple of boards he Volunteers in the city ofÂ
Asheville in a couple different capacities one  is working with animals he's always out in hisÂ
wood shop this guy has so much going on he's not  sitting there wondering what he's going to doÂ
so if you're interested more in in retirement  Fritz will be over on earn invest of course hereÂ
on Wednesday the draft the NFL draft is Thursday  so we've got Rob Welch he and a former NFL playerÂ
wrote a book together about going pro with your  money we're going to talk Wednesday about noÂ
matter what you're trying to go pro in how do the  pros treat their money A lot of pro players aboutÂ
to get a big payday on Thursday and as we already  know a lot of them don't do the right thing withÂ
that sudden money OG it goes in the wrong place  that's what's coming up this week thanks so muchÂ
for hanging out with us today if you're somebody  that's my kind of person and will leave aÂ
review for people that they only know via  podcast or maybe you've hung out with thisÂ
on one of our social media channels please  leave a review of the show that helps us soÂ
much helps new stackers realize what they're  getting into a little different take on moneyÂ
than maybe some of the other shows out there  thanks to everybody who's done that Mom puts thoseÂ
on her refrigerator if you're not here though to  hang out with us on social media you're not hereÂ
just for Doug's trivia you're here because of the  fact that you're worried about the economy you'reÂ
worried about your money and and how it works  together and as a lot of those fears begin to rampÂ
up for people you might be feeling anxious to make  some moves in your finances what I'd like youÂ
to do instead is check out this free guide that  OG and his team have put together that'll help youÂ
plan more and panic less no matter what the market  does it has some great insights on what you shouldÂ
be doing and smart questions to ask yourself so  that you make financial decisions your future selfÂ
will thank you for head to stackybenjamins.com  guide that's stackybenjamins.com guide to get thatÂ
free guide from OG all right that is what's going  on in the community man a lot of takeaways todayÂ
but Doug what are the top three man well Joe first  take some advice from our guest Veronica McCainÂ
and create your own unique roadmap to retirement  second take a memo from our Tick Tock minuteÂ
to up your vocab game and Excel above the  competition I'm sure you'll get promoted in noÂ
time but the big lesson turns out five times in  a row is the limit to singing Heartbreak HotelÂ
at the top of your lungs after that Joe's mom  starts to get irritable and make threats now thatÂ
I think about it probably was the hip thrusting thanks to Veronica McCain for joining usÂ
today you can find her book my retirement  my way a workbook for the newly retired toÂ
create meaning set goals and find happiness  wherever finer books are sold we'll also includeÂ
links in our show notes at stackingbenjamins.com this show is the property of SB podcasts LLCÂ
copyright 2023 and is created by Joe salsi  High our producer is Karen rebein this show wasÂ
written by Lacey Langford who's also the host of  the military money show with help from me Joe andÂ
Doc G from the earn an invest podcast Kevin Bailey  helps us take a deeper dive into all the topicsÂ
covered on each episode in our newsletter called  the 201 you'll find the 4-1-1 on all things moneyÂ
at the 201 just visit stackingbenjamins.com 201Â Â Tina eichenberg makes the video version of thisÂ
show Once We bottle up all this goodness we ship  it to our engineer the amazing Steve Stewart SteveÂ
helps the rest of our team sound nearly as good as  I do right now want to chat with friends about theÂ
show later mom's friend Gertrude and Kate Younkin  are our social media coordinators and Gertrude isÂ
the room mother in our Facebook group called the  basement so say hello when you see us postingÂ
online to join all the basement fun with other  stackers type stackingbenjamins.com basementÂ
not only should you not take advice from these  nerds don't take advice from people you don'tÂ
know this show is for entertainment purposes  only before making any financial decisionsÂ
speak with a real financial advisor I'm Joe's  mom's neighbor Doug and we'll see you next timeÂ
back here at the stacking Benjamin show foreign [Music] the after show this is uh the part ofÂ
the show that doesn't exist if you're  new here what happens in the after show staysÂ
in the after show getting back to your clothes  I think that singing Heartbreak Hotel at theÂ
top of your lungs just you know given your  history might not be might not be great wellÂ
since my baby left I find a new place to dwell  they're down at the end the lonely streetsÂ
called speaking of speaking of Doug's history  um there's unfortunately OG a doctorÂ
out there who has violated HIPAA rules  and um got us audio from Doug's latest therapyÂ
session and uh well I thought that as long as  they broke the rule we didn't we should probablyÂ
play it look at the look OG can't wait for this  he is so excited about that well I thinkÂ
this is bad I think doctor shouldn't be  doing this but as long as they have let's noÂ
this is this is Doug's latest therapy session you what well you had waffles for dinner and you had  waffles for breakfast so we'reÂ
gonna eat something else oh I oh I don't know sounds like you're obsessed nowÂ
you're really crying pretty good there now  everybody is thinking about waffles like thatÂ
brain worm is in there and you're going to  be thinking about it now for the rest of theÂ
day well I I think I I mean I I really think  that uh you shouldn't be thinking about wafflesÂ
given your history you're begging for me to ask  I've resisted this whole time I'm not gonnaÂ
ask I'm not gonna ask why you keep harping  on my history so OG and I saw this uh this videoÂ
that these guys said that that if you really just  want to mess with somebody just end as manyÂ
sentences as possible when you talk to them  with given your history just say it over and overÂ
and see what happens and watch them watch Doug  unravel the entire show they melt it is surgicallyÂ
effective like it has just been driving me crazy  I said it's Alyssa I don't evenÂ
remember what it was about but I just  you know she was like brushing herÂ
teeth or something and said well you  know given your history and she'sÂ
like what is that supposed to mean you know just totally like around everythingÂ
to a halt just like you said yeah I think that  is a bad marital move I said this will workÂ
well with Doug I would not yeah I would not  do that right before bed because you are notÂ
sleeping that night stackers you may or may  not want to try that your results May Vary butÂ
ours ours I thought today were pretty good Doug  didn't know what the hell was going onÂ
actually now that I know it's actually  more impressive that you found a way toÂ
dodge my question the whole the whole  episode you know given your history of courseÂ
yeah I'm not not enjoying your company anymore
our last day of work was December 29th 2018 and the next week we began this journey with little or no guidance and we've had some fits and starts and honestly we've made some serious mistakes along the way but we finally got on track and we thought we were doing well you know last December we're four years into retirement thinking we're doing okay right but our big mistake created so much stress and anxiety and we knew we needed to change it and that mistake was setting the wrong priorities in our life see we started this business just before we retired and we made it a priority we made it the priority all of our planning was based around doing everything we needed to do to build this company and you know this com company retirement transformed is really important to us we get a lot out of it and we know we're helping others and at the same time we're actually helping ourselves by actually formulating a plan and we know we need to keep it going and we want to keep it going right but this it just got overwhelming well here's the thing we scheduled Monday through Friday Friday we've always taken off but Monday through Friday we've put work in first because it was important to us and we put in research that we would do for YouTube scripts we would put in time to write YouTube scripts we had to carve out time to shoot video like we're doing today and then we had the business side of things weekly team and marketing meetings but we planned all of that and then we said well we also want to do some fun stuff right we would agree then you know after all of that was planned that we should you know keep keep playing golf and maybe take on pickleball and maybe find some personal time to do activities alone which is really important and then time with our individual friends and couple friends and time to work out and you know before you knew it we were exhausted and here's what happened and here's why we made this pivot Because by the time we got through all the work stuff every day because we made that first and priority there was really no time for the personal retirement life that we dreamed about like Jody said we were tired we were uninspired we made excuses you know when you write YouTube scripts for three hours or you shoot video for three hours you're exhausted after that so we needed to put some fun back in our life right and make the business second to all of that so and still do a good job so if you're entering into retirement or if you're in retirement building a business this is some just advice for you we made the big pivot right this past December 2022 and we began to flip our calendar and that's what we're going to talk about today you know we scheduled everything that was missing you know travel to see our kids you know dinner with Friends golf pickleball exercise our alone time we had to Anchor all that into our calendar before we started peppering in the business and the change has been incredible and eye-opening for us and we want to guide you through doing the same thing now you don't necessarily have to have started a business but clearly we hope that part of your retirement includes some wisdom sharing which could be volunteering helping others writing a book whatever it might be because that is a big part of what we do but now that we made this pivot and it's only been two months actually six weeks yeah we're happier we're more excited we're more energized and we're more inspired it really is helping us a lot and I think the work that we're doing around retirement transformed actually not only fits in but it actually gets better because we are living a retirement life while we're building the business and sharing some things with you guys so it just took our retirement to a whole new level of satisfaction so let's welcome let's welcome through what we did yeah because I think it would be helpful it's really really important to do this you know the first thing we did was we made a list because you know we're listing planners but we made a list of what was most important to us besides the business you know our retirement transform business is our wisdom sharing bucket so we knew that would stay right where it was but it's only one of the Five Pillars it is it is so we made a list from the other pillars physical wellness mental Wellness relationship and spouse partner relationship and started to fill in around that and here's is what we came up with golf was really important to us we wanted to schedule in golf so that we did it pickleball we wanted to try once we got to Florida I need alone time I mean I probably need alone time more than you do so I needed to schedule that and I need time with guy friends I need to be with some guy friends to talk about the things that guys talk about what is that I don't know I'm not a guy a lot to do a YouTube on it we also needed to squeeze in some weekend trips because you know we've had friends ask us to do things or family members ask us to go places so quit squeezing that in made us say yes a little bit so we had our list of things we wanted to make you know a priority in our life then we got a calendar for January blank and we started to say so how's this going to work what what days are we going to do what and we both get up early so I'm up at five Jody's up at six I have certain things I do every morning from five to six I get up I exercise I meditate I journal and then Jody gets up at six and we have an hour together which is great is our coffee time and and this is not optional this is pretty much seven days a week yeah I would say I mean there are some mornings that were off kilter but I get up at six and for the past five years I send a text to my girls just something for them to think about to in the day depending on what's happening in their lives I send it as a group so we've got a little fun group text going on I do Wordle I need the brain Wordle stimulation and I do that with a I can't do Wordle um I check in with friends if you know someone's been sick or not feeling well or whatever then we do our coffee together you know at at that point and then I'm off to yoga and so you know that to me you know kind of can't change we couldn't deviate from that so as silly as it sounds in our calendar five to eight o'clock no five till seven two hours every morning we're together in one way shape or former or another and we just know we're gonna do that we have it's we look forward to it and then we go off and running don't make a girlfriend so that so we have that in the calendar so now we filled in other things pickleball so what we did we're down here in Florida we joined the YMCA on a Sunday we took a pickleball clinic clinic on Monday and then Tuesday Thursday from 8 to 10 they have beginner intermediate um round Robins so we've been going to that that's in the calendar and we don't deviate from that that's so important for us to have that and we hate to miss it it is really fun and it's a huge part of our retirement now so that's yeah and that that really takes us till about 10 o'clock right and then from 10 to noon we will do some errands or personal time or you know laundry Car Wash I mean you need time to do that kind of gather up things that we might need for lunch but then the afternoons on Tuesdays and Thursdays we're working at retirement transforms that's what we're doing right now so we're working you know from one to three from one to four that's when we post our calls that's where you know that's when we're more productive because our energy level is high because we had done our morning routines so really Tuesdays and Thursdays are pretty set yeah and Wednesday mornings when we play golf and we get up we get up early so we have a standing 7 15 T time 20 minutes from here we're done by 11 we come back home and again we work from one to three so we get two days of pickleball in and one day of golf and work wraps around that and it feels just awesome doesn't it yeah the only thing I'd like to add to Wednesday there is a great farmer's market in Marco Islands on Wednesdays and I'd love to do that right after golf so we'll do that next week I might add that get fresh fruits and vegetables that would be great now Monday is a day that is all day work and that we just have to have that so we do some heavy stuff in the morning from nine to twelve script writing um research research you know marketing whatever we need to do and then we break for lunch and in the afternoon was when we do our one-on-one coaching we have our marketing meeting our team meeting so it's our toughest day Monday but it gets so much out of the way and that leaves Tuesday Wednesday Thursday afternoons to do some of the fun things and then Friday you know Friday's always been one of my favorite days it's really a personal day for each of us you know we may or may not do some things together we may do things with other people individually or together as couples but you know really it's when we go practice golf you know we do pickleball with a smaller group we go maybe shopping maybe out to lunch maybe we have guests coming in on a Friday we run up to the airport but we really try to keep Friday open and maybe we just go our separate ways yeah I mean I don't know what Jody's doing she doesn't know what I'm doing it's just kind of a relaxing day which slides us into weekends that we don't schedule anything yeah that's just like during our career it's wide open and you know we can do do a bike ride we can go to the beach we can play Pickleball if we want we just do what we want but it's no work but maybe some house chores I think the difference is you know when we got into this business people would say to us isn't every day like a Saturday and and you know that's just not a mentality we wanted to take and as we looked for a plan and I mentioned earlier that we couldn't find one and we started to develop our own and then developed the company it overwhelmed us a bit right so putting these kind of barriers in place around fun and things that energized US helped the business a lot right now because of this scheduling here's a couple other things that have really helped our life and why we are so excited about the way we're doing things now because our work day ends at three o'clock we cook home a lot more we have time to do it it's healthier we do it together and it saves US money yeah and the other thing is we're saying yes to more things so if you're out there and you're inviting us somewhere don't invite because you think you need to because we'll probably say yes you know spur of the moment dinners out or you know watching the sunset with ourselves or another couple a late night bike ride or even you know picking a movie and not having dinner and eating popcorn for dinner we're trying to put that air of flexibility and fun in retirement as we build the business it just feels better what we're doing right now which is great you know our five pillars are core to our retirement making time for all of them is really critical to us but we found when we put wisdom sharing first so much of what we dreamed about in retirement was just not happening yeah and this pivot was so needed for us and we're having such a good time with it changing our priorities it's given us Newfound energy and freedom to do what we've always wanted to do but we never really made time for it now we hope you enjoyed this video and if you did this next one the five things you should never ignore in retirement you're going to love that we talk about health relationships creating community and also the importance of financial planning so watch this one next
planning for retirement is a significant life shift and tackling the psychological side of this can trigger a vast variety of feelings from excitement as well as anticipation to stress and anxiety as well as unpredictability and also these vast arrays of feelings are affected by just how retirement lands with you for instance was it your idea to retire or were you displaced are you retiring early or later on in life is your partner or partner retired currently or still in your home and also you'' re entering their domain all of these problems actually influence how you appear in retirement yet actually no matter of exactly how you got here you'' re right here as well as the question is are you mentally prepared for this transition so as Jody said it'' s a significant life change this entire idea of retirement and it Modifies your feeling of self it Modifies your purpose as well as it actually transforms your everyday activities you were utilized to visit work everyday and also currently things are different so why are numerous individuals entering this stage of Life psychologically not really prepared because well we'' re mosting likely to reveal you what you need to do to get prepared however we have a customer um allow'' s call him Billy'Billy ' s a reputation right an excellent pen names he was a business owner for 25 years throughout secondary school he mosted likely to help a restaurant as well as after about 5 or seven years he purchased it from the proprietor and also he ran that point for a long time and he had a fantastic identification as well as a great company however regarding twenty years ago he marketed it best as well as after that he and also what was interesting is he offered it concerning twenty years back so maybe marketed it at around 50.
Yeah and also went into politics as well as functioned in the state legislator produced an entire brand-new identity for himself a whole new neighborhood an entire new collection of Understanding and also Skills that really drove him for another twenty years yeah it was fantastic yet after that he retired three years ago he has his complete pension plan he'' s economically safe however he got he began to obtain in a bit of problem to start with his only hobby was golf and also he stays in the Northeast where golf is not year a year maybe yet then he lost his partner which was truly unfortunate and also all of an abrupt currently all of his desire for retirement have transformed so he'' s a solo senior citizen and also he'' s not really taken the best care of himself literally as well as he'' s really having a difficult time constructing brand-new area beyond his golf right which'' s when he concerned us and also we discovered a genuine pivotable pivotal moment for him where he could experience some great self-discovery as well as change yet again in his life as well as he underwent our 7 day obstacle I assume we'' ll put the web link below so that you can have that as well as if you sanctuary'' t taken the 7 day retired life difficulty also if you'' re 30 years old you need to take it since there'' s actually excellent stuff in there it'' s very easy and also it ' s cost-free so we obtained him to undergo the 7 day challenge and begin speaking with us regarding it after that he took our complete your retired life game strategy program and also he began obtaining his life back on course which was actually encouraging and also there was some work on his part to do it but currently he has a whole brand-new overview on his health and wellness both his physical and also mental he'' s building remarkable great brand-new high quality communities of individuals and he'' s really offering for a number of companies that provides him a great deal of gratification neighborhood and also and much more but he was absolutely not really prepared for this adjustment and also perhaps you are as well so let'' s get in how to much better prepare males before we do anything allow'' s simply deal with money due to the fact that it ' s constantly the very first point on everyone ' s mind we put on'' t do anything with money but I recognize it can'' t invest it you spend it my day excessive occasionally I understand it can develop undesirable Stress and anxiety as well as Anxiousness and you understand the reality is that several individuals ignore their expenditures and the stress and anxiety that money has on their feelings as they'' re getting in retirement yeah and the various other point that people could do as well as you really can'' t inform due to the fact that the stock exchange is simply insane yet some people or many individuals overestimate their investment revenue returns to make sure that can put you in some psychological state too so actually being far better ready monetarily is critical as well as that'' s not what we do right here however however examine that box you know to ensure that you can live this phase with a little much less tension deal with your accounting professional or your economic planner to obtain a budget in area and you also you intend to have the ability to deal with them so that you can make some smart monetary choices like a great withdrawal strategy integrating with Social Safety and security 401K perhaps scaling down is something you need to consider doing maybe you need to do it to cut your costs a little that'' s an additional entire level of stress as well as there'' s we have um browse our YouTube network for downsizing it'' s in fact our most prominent video clip if you'' re thinking of it but this is going to provide you a clear Financial picture as well as this is so vital to a successful retirement like Jody claimed that just remove a lot of the stress so inspect the box on your financial photo and also relocation that aside right so let'' s speak about a few other big influence to your psychological preparedness in retired life the leading point that we come up with the top thing that we look into the top point that our customers talk with us about is this concept of loss of identification and people actually battle with this you understand combined with the loss of purpose this is a large effect on your emotional preparedness well it is if your identity has always been tied right into your title which a great deal of individuals do in their workplace as well as your expenditure account your status in the area your condition in the business if you were the chief executive officer or if you'' re a physician or a fireman or an attorney or an accountant that'' s your identification and when you tip far from your work that goes away and you know this occurred to us as well as greater than likely it will certainly take place to you as well it leads down a lengthy trip of rediscovery in retired life as well as we'' ll leave a link listed below for the video on this subject which I assume it would be actually practical now money and also shed identification can have major influences on you psychologically as you get in retirement however you additionally require to think about losing your community as well as winding up feeling socially separated social seclusion leaves lots of people not really prepared for retirement and also it'' s a massive health risk that once again if you look our YouTube channel for social seclusion as well as there'' s some great videos we place with each other on that particular you understand when you bow out your job there ' s a good possibility that a lot of your crucial relationships won'' t follow you you understand there are more youthful individuals they'' re still functioning they'' re still engaged they still have the purpose and the identification and you know they may have been situational partnerships based upon your employee employment you recognize they were your work family members perhaps not always your close personal buddies nevertheless you might bring some in addition to you you might you might however this loss of area catches many individuals not really prepared and surprised as well as you'' re gon na need to put actual initiative into creating a new community it does not occur on its own so allow'' s share some pointers on just how to be far better ready emotionally as you shift right into retired life and also if you'' re in retired life a year two or 3 or 5 these points are mosting likely to work for you as well so the first point you intend to do is visualize your retirement as well as when we claim that you recognize what does it look like what does it feel like what is your um what else what is your day-to-day everyday routine you know what routines or activities do you want to do do you intend to place in your routine and also you know the big question is who remains in your life yeah and also who'' s essential and positive in your life just how around this where are you mosting likely to live ideal you understand what are your dreams for what we call the five columns of retired life what are your desires for your physical wellness your psychological Wellness your relationships your spouse partner connection is ours great today so much so excellent so great and also after that knowledge sharing that the important things is dream a bit and dream for this to ensure that you can place some tasks in position to get you to that vision and also really obtaining to this vision is simply yourself those basic questions that we just underwent the following point you'' ll wish to do is to make a strategy you know keep it basic initially include your economic objectives and also your lifestyle goals and absolutely your health and wellness and also wellness goals yeah the 5 Pillars the vision the concept is to get to the vision you intend to put a strategy in position so that you obtain some things done and your plan is not one as well as done think regarding it retired life can last three decades or even more you don'' t spend 10 mins putting a plan with each other right for a 30-year time in your life wear'' t skip this component or you truly might find yourself wandering a bit like a ruddlest ship shed mixed-up just how'' s that that was really fascinating yeah ship lost at sea you don'' t wish to be that so after you visualize and make a plan it'' s seriously essential to stay connected best remain connected to your your family members to your good friends as well as to those previous job coworkers that will feature you you understand um we spoke about the coworkers that stay behind as well as shed interest in your connection it'' s really behooven upon us to return to those job good friends as well as reconnect and we'' ve done that as well as also we'' ve placed initiative right into finding new buddies and brand-new partnerships you require to devote time to this you do as well as you have to be deliberate regarding it you know I just saw a truly interesting quote a pair weeks back in the paper by Jane Fonda regarding being deliberate regarding your relationships it was very fascinating you recognize being emotionally gotten ready for retired life includes this large one also you have to resolve your worries what anxieties are you having and how are you mosting likely to tackle them one at a time directly you could even wish to speak to a specialist you understand and also you also require an excellent we discuss this regularly because we don'' t do monetary preparation you require an excellent financial planner or wide range supervisor as well as you wish to establish clear strategies to resolve all of these worries the big the very first thing is to determine what the worries are and afterwards deal with them one by one appropriate and also the final thing you can do is to practice self-care taking excellent care of your physical and emotional wellness working out routinely consuming healthy and balanced finding stress decreasing activities to deal with you is essential to be mentally prepared you understand most of us spend a good part of Our Lives believing regarding retirement probably from when we leave college or high college and also enter our career all we do is we conserve cash we wish for the freedom we get excited concerning what might be in store for us however several individuals put on'' t prepare as much as they should for this shift to make it smooth enjoyable interesting as well as satisfying invest the time obtaining yourself prepared now if you like this video as well as we wish that you did this next one what'' s your identity once you retire we'' re mosting likely to walk you with the three stages of identification when you retire releasing the old identity the neutral zone and ultimately placing some initiative right into uncovering what your brand-new identification is mosting likely to be and also then we'' re going to offer you 3 steps you can Apply right now so see this next video
as we mature our rest patterns adjustment and also it can end up being increasingly more challenging to get a far better evening'' s sleep and also constant bad rest leads to quite negative Wellness you can have poor mood swings poor psychological wellness kind of being irritable when you wear'' t sleep what no no no not me'you you ' re the one who gets up irritable when you put on'' t sleep truly I believe so huh is that you'or is it me I ' m not sure all right obtaining great evening ' s sleep is freaking crucial exactly how concerning that as a matter of truth chronic rest deprivation is linked to diabetes mellitus excessive weight cardio illness as well as immune dysfunction and also in some cases you can'' t get excellent sleep because your next-door neighbor is using a chainsaw in the middle of the afternoon when I wish to sleep so I'' m sorry concerning the sound however we couldn'' t help that yet that can definitely influence your sleep so discovering methods to enhance your rest is so essential to a longer and healthier life as well as what we intend to do today is offer you means to improve and also improve your overall sense of wellness you understand I understand it can be a struggle at times and as well as perhaps it'' s it ' s that your partner or partner is snoring what maintaining you awake begin or you have a pet that rests in your bed that we have and also that could be a trouble Max is not a trouble an issue Max my snoring'' s not a problem your own is as well as Max is certainly a problem but whatever it'is you recognize it ' s it ' s good to maintain a pulse on just how you rested not simply the length of time you were in bed right currently for me I'wear ' t understand why however I ' ve always been an early bird because a really young kid yeah and it ' s uncommon for me to rest previous 5 a.m as well as recently for whatever factor I'' m obtaining up at 3 30
. Currently I can generally go back to bed for an hour or so however often I'' m up at 3 30 or 4 for the day which does wear them it does it does throughout our very first four years of retired life we functioned actually tough to locate means to enter into an excellent rhythm of rest and also you recognize we'' re finally starting to have some good success but it has taken a while and at the end of this video so please stay to the end we'' re going to show you our rest regimens that you put on ' t have to replicate them however there'' s components of it that you might discover practical because it'' s a lot different than when we were functioning as well as these brand-new routines that we'' ve applied are truly offering us an excellent night'' s sleep so let ' s dive deep on why rest is so vital as well as the very first thing is particularly as you age I believe yeah yeah yet it'' s important to babies too I mean I just think sleep is necessary simply to all alright well let'' s deal with baby sleep today so anyway the very first factor is inadequate sleep definitely influences your physical health yeah you covered that a little bit in the beginning right and also it may sound evident however people that have poor rest behaviors simply approve it and they have no suggestion the damages it could be doing to their body to their partnerships as well as to their their overall wellness yeah so you can'' t just state well I only obtain six hrs of sleep a night and I really feel crappy all the time well I sanctuary'' t obtained ta fix it I have a great deal of buddies that just claim I'' m not a great sleeper and also they just sort of compose it off and also they think that ' s simply the means it needs to be and also it doesn'' t however as you age we end up being extra vulnerable to specific types of disease as well as appropriate '' s immune system your hormonal agent law and also your cardio health and wellness so make it a top priority yeah the other point inadequate rest does it affects our cognitive wellness I like that word cognitive Wellness cognitive wellness aid the word cognitive you were stating cognitive assistance help okay excellent sleep is necessary for us to keep our memory undamaged our capacity to think plainly as well as if we have inadequate sleep it'' s gon na increase our opportunities of developing cognitive decline and also mental deterioration and my mommy had mental deterioration so this is really vital to me to see to it I get excellent rest you know so bad rest can also the third point is truly affect your psychological health and wellness you understand I recognize that I feel totally different psychologically depending upon the quality of rest that I get right I can tell when I awaken if I'' ve been maintained awake all evening by a person snoring and also the last thing is pores what why do you simply always attempt to slide that in I I snore a little bit however I'' ve never ever listened to a recording tonight you can tape-record me all right as well as after that you can play it on the next video appears excellent but inadequate rest likewise affects our security think of driving an auto you called we age as well as I'' m seeing this now our reflexes reduce down I can'' t back up in a vehicle like I used to when I was 18 years old actually no I got ta I obtained we have mirrors as well as video cameras now as well as all that however you place poor rest on top of reflexes slowing down and also that can have devastating outcomes so if we'' ve encouraged you that rest is necessary to concentrate on allow'' s chat concerning a few of the reasons it'' s harder to obtain great sleep as we age and the initial thing is as we mature our heart Rhythm adjustments body clock oh body clock yeah as well as it'' s so funny because I was concerning to state I enjoy this new word circadian is that what shows on our Aura ring or the Rhythm clock yeah it'' s not a cardiac Rhythm oh although it does track our heart it does during the night yet our body clock adjustments which'' s the built-in procedure that controls our cravings our power degrees as well as our rest that we figured out with our research study as well as you know as as it alters it can get heart you can make it more difficult to go to sleep at evening and also make it more difficult to get up in the early morning so circadian rhythm so write that down I don'' t need to create that a person down also I have to yeah the second point is as we mature our hormone degrees alter you mentioned that earlier but it is necessary to discuss it once again due to the fact that our body you called our as our bodies age they'' re mosting likely to produce reduced degrees of melatonin there'' s another large word to compose down this takes place to me so I take Natural melatonin supplements and also this assists me fall asleep easier and rest even more soundly yet it sounds like I require a lot more possibly maybe I don'' t know you'' re resting peacefully you ' re just loud when you do it okay we discovered by seeing with our naturopath doctor and she'' s assisted us out with every one of that sleep natural supplements therefore we most definitely advise that however the other point if you'' re having poor sleep get in touch with your doctor on your medicines on your actual prescription drugs from your physician due to the fact that they can influence your rest yep there'' s typical prescriptions that you may be taking like antidepressants or diuretics all of that can disrupt your rest so you have to figure out the various other thing that can can play a big function in your sleep is your way of life you know your stress and anxiety levels your alcohol consumption you understand when you consume your large dishes and also truly your lack of physical task can all affect your sleep so allow'' s remain with this momentarily due to the fact that on our mood calls the tracks our rest to name a few things if I have a glass of wine and also steak I'' m gon na have lousy rest yeah we track it whenever yep if I if we can go three or 4 nights in a row with a light supper of a salad and some healthy protein and also no alcohol I rest like a baby right we placed a late supper in there uh a steak meat heavy and a glass of red wine or 2 I'' m screwed it ' s just not gon na take place that'' s true to make sure that ' s real anyhow all of that does impact your sleep and you did you mention exercise I did alright I did yeah and also you know you must consult your physician you know you may have a sleep problem that needs some focus sleep apnea troubled leg disorder or also sleeplessness is you recognize something that that can emerge later on in life things is we need to do what we can to enhance our sleep alright why put on'' t we share just how much sleep we require do you understand well I think it'' s an individual thing I think some individuals can make it through on Little While others make it through on nine hrs I understand when my twins were birthed as well as I had a 20 month old I assume I was making it through on 4 or 5 hrs of rest as well as that was most likely a stretch well it'' s true um as well as there are you know you can research this online however the nationwide rest Foundation specifies that lots of people over the age of 65 you'' re not there yet I ' m 66 on Saturday incidentally that'' s right did we want to do a birthday video maybe okay we need seven to eight hours of rest each evening now like Jody claimed some people can say oh I'' m okay with sex however picture exactly how wonderful they'' d really feel if they did 7 or eight so that that'' s my disagreement to individuals like that so we I need to locate in some way a minimum of seven hours of sleep an evening rising at 3 30 makes it hard however we we service it yeah yet you know what we do we try to get a good night'' s rest by staying with a schedule or at the very least we try to stick to a routine you understand we both try to be sleeping by 10 you get up at 5 I get up at 6 and that virtually controls you understand our rest where we can obtain deep rest rapid eye movement rest light sleep as well as have a little bit of delay time with that well the important things is again I maintain speaking about the mood ring however we we love the aura ring I obtain an alert on my phone depending upon just how much rest I got the evening in the past right that currently you know in between you'' re your best time to go to sleep tonight between 8 30 and also 9 and also I enjoy that notification since I go in very early you as well you like it when it states anytime prior to 10 that'' s without a doubt when we are alone in the house we wear'' t have site visitors this is basically what we do 5 nights a week 6 evenings a week if we'' re not going out with anybody this is what we do when there'' s business or'kids it ' s mosting likely to be various as well as we can stay up till one in the early morning now we really feel lousy the following day however we can do it so the initial thing we do is we try to manage our time in bed and also the second point is we try to have our dinner done by seven right and that'' s a big change for US Blog post retirement I would claim pre-retirement if we began supper at 7 30 that was very early yeah we we try to remain that 6 30 yeah as well as done by seven like you claimed yeah and suppers are lighter for us as well as after supper we'' ll watch television for a hr 7 30 to 8 30.
Which'' s it well then yeah we put on'' t walk Max and yeah yet we don'' t spend a great deal of time on television tonight due to the fact that you don'' t want to do that to stimulate your mind'but I ' ll always take a warm shower I I occasionally enter the bathroom occasionally you take a bath we'' ll read prior to we go to sleep I review in a chair I wear'' t reviewed in bed right however this gets us unwinded prior to we enter into bed you understand we take steps additionally to see to it our room is comfy you recognize the space needs to be dark as well as the room requires to be 68 levels or colder right as well as you understand oddly enough you recognize that mattress as well as pillows that you'' ve had for the previous 25 years you might wish to take a pulse check and also see if you require to redo those since a fantastic mattress and the appropriate pillows makes a difference we recently obtained um the sound equipment so we have a sound machine in a space but the amusing point is I also use earplugs due to the fact that I don'' t intend to hear you snoring and also Max making his noise but if I have earplugs I can'' t listen to the audio machine well I put on'' t understand why I have an audio equipment hmm all right I'' ll have to figure that out yeah but we additionally try really difficult to avoid our phones thirty minutes prior to going to rest simply wear'' t do it'due to the fact that it ' s going to get your brain stimulated right I ' m a side sleeper on my best side cushion in between my legs and'I'' m out yeah and I ' m a back sleeper for one reason or another I assume my granny once told me to rest on my back because that'' s not aiding however a lot of nights this routine collections us up for an excellent evening'' s sleep and you know the things that we have found that we have labelled that definitely influence our sleep our caffeine as well as alcohol for certain consuming late consuming red meat as well as seeing television particularly over promoted television late during the night we'' re constantly looking into brand-new means to improve our rest I actually just recently started wearing a mask an eye mask I indicated to bring it to as a prop does any individual get it no alright I use a mask I'' ve been doing it for concerning a month as well as it does make a distinction you recognize and also we both practice meditation right so using headspace or calmness you know terrific applications apps we make use of those and in some cases if we'' re both having a tough time falling asleep if we'' ve simply had among those days where we can'' t slow it down we'' ll in fact play aloud on one of our phones a rest tale which is extremely intriguing as well as we can hear everything the means yep now we notice a difference in who we are and also exactly how we turn up with each various other if we have excellent rest yeah right we'' re definitely better a lot more energised and also a lot more enjoyable with each other Did we tell you we have aura rings these aura rings are excellent it'' s something to consider it measures our Rest High quality as well as it'' s likewise the initial point that we check in the mornings we see exactly how we did you know if you'' re fighting with sleep try a few of these pointers that we'' re doing and also go down some notes in the comments listed below if anything else you can consider to aid us in this neighborhood obtain far better sleep now if you similar to this video clip you'' re mosting likely to love this next one seven kinds of rest since it'' s not simply sleep that aids you get rested we speak about various other sort of rest like psychological remainder innovative rest social remainder and more so view this next video clip
you know my moms and dads never downsized or purged as well as the day that they left to relocate into the assisted living facility my brother my sibling jody our six youngsters we were left with the burden of scaling down for them it was about the hardest point we had to do you know think of it making decisions on whatever they built up that experience truly opened our eyes and offered us a genuine begin the butt and also told us that there was a genuine demand to do this procedure for ourselves so our youngsters didn'' t need to and while we spend an excellent portion of our life in the exact same residence as we did eventually we we made a decision yet at some time you may decide to scale down either as the youngsters vacate or simply you wish to transfer to it to a various place for a different way of life and you understand for greater than 4 years we both invested a lot of time collecting what i call things and points you had a lot more things though as well as points by the method as well as your 3 little girls had lots of stuff hang on a second alright i can bear in mind clearly taking a time off of work i put on'' t remember this yep a day a getaway day in the summer season alright it was 138 degrees when you did the attic yes and i located all of your young boys stuff you did embeded corners full of computer mice oh that'' s appropriate however due to the fact that they occur to leave granola we didn'' t intend to speak about that today however anyway okay yeah so i'brought it up so currently i ' m in trouble naturally yet anyway we built up all this we did and and we would do annual removes and also we would certainly ask the children to do yearly removes that would aid us you recognize provide things away as well as contribute and you know be practical in the area however we still ended up with a great deal of things we did we did and when you and i took a seat and also i was pushing this more than you were definitely pressing uh pressing when we rested down to discuss this downsizing it was tough it truly was and also sometimes we simply agreed not to talk regarding it which i don'' t know if that was an advantage yet it was good to tip far from the conversation well we absolutely weren'' t on the exact same page no and we didn'' t have the same timeline no and after that as soon as we sort of damaged the seal as well as began speaking to the kids about it we started getting numerous point of views certain and after that you understand we started discussing not scaling down but actually ideal sizing right as well as i remember i would call it our big aha moment we had this great home with an exterior patio that was covered and also we had an open fireplace as well as we'' re remaining one early morning jody as well as i with her sibling michael having coffee and also he brought the subject up he was looking at the yard and he stated oh my gosh it'' s so fantastic that you men are considering offering this residence so that another family members with young children can can be found in and also take advantage of the institution system as well as we checked out each other and i believed oh my god i never ever also considered it that means you understand it was absolutely a manner in which we reframed downsizing from what i really felt was adverse connotation you know us vacating you know us needing to go through all the process of purging us having to describe to the children do you have a space do you not have a space when you come back from college as well as all those points yet the way michael framed it felt so favorable and gave us such a leap it did that we went for it and we talked regarding that for possibly a month and also it really started our procedure and also the process that we did you recognize um we just started we got pen to paper and began creating a great deal of things down yep you know we started writing things down as well as um sometimes we'' d write things that clashed right you recognize like the time structure mark would certainly say all right let'' s do this by june 1st and i'' d resemble i ' m thinking january 1st yet we'' d compose them both down right so that we had type of a log of how we were mosting likely to do it with just how we were really feeling ideal you understand and also no predetermined end result you understand and then we determined very plainly and also i assume this is actually essential that there was going to be no lobbying with other celebrations so other interested celebrations like the youngsters or you recognize my mommy and also my dad you know they were still active and also you recognize so there was mosting likely to be no outdoors lobbying and also i assume that really helped us you recognize the mother-in-law of situation and also all that it didn'' t come right into play yeah it'' s our residence it ' s our decision we needed to figure it out but we likewise established some ground rules and also you recognize we accepted listen to each various other actually listen we accepted utilize compassion as well as we concurred to express our feelings and also create them down to ensure that it'' s so that our sensations were heard you understand we also accepted leave it if we were discovering that it was ending up being warmed the number of times did we leave it most likely 6 or seven a minimum of um so anyway the primary step so if we actually damage this down right into actions that would certainly be practical to you the very first step would certainly be analyzing your scenario you recognize are you is selling your home going to become part of the formula are you aiming to move places by a comparable residence buy a buy a scaled down townhouse or condo as well as are you aiming to stay in the exact same location yeah and after that maybe purchase a smaller sized house and a 2nd residence some people want a bigger residence pay attention there'' s lots of individuals that retire and they obtain an increase of cash currently it'' s time to get that large five-bedroom house five-bath house so all the kids can come and also whenever they come they have their very own location to remain you and your companion need to figure that out so that'' s the discussion that happens in the beginning and after that once we obtained the location that we determine that we'' re fine we are mosting likely to offer the residence we begin to do to do an evaluation of our existing residence as well as this was truly excellent i desire to emphasize this due to the fact that this is essential i desire you guys to compose this down since we did we believed of this and also we invested every one of this moment breaking down what we loved concerning the home everything we loved about this right and afterwards also points that we didn'' t like concerning the residence that'we didn ' t desire to find possibly in our following home right and also we made you know i think we made an essential listing i can'' t keep in mind but there ' s points like place and geography you recognize where do we desire the following residence to be what regarding the neighborhood do we want an university community do we want a city we want to rural out in the country what features are necessary in the residence number of bed rooms we want an exterior fire pit and also the various other point is memories this aided us a lot right because we did review the memories in the old house right however after that we began to desire of what kind of memories can we have in this new residence right as well as it truly aided us to comprehend that we were loading the memories as well as taking them with us right they weren'' t part of the old house they weren ' t being left in your house that we were selling we were bringing them with us yeah we still speak regarding them that fantastic uh thanksgiving meal we had an outdoor tents in the yard as well as we had 50 people over your home that'' s never ever vanish we don'' t have to have that house to have that memory right the second thing that we did was we started to truly establish our top priorities on where we were mosting likely to relocate to such as mark stated earlier we did a listing of must-haves as well as the must-haves we first didn'' t settle on and after that we started to make some giving ins and also after that naturally of seeking residential or commercial property or looking for a brand-new location to live our must-haves kind of altered to shopping list or must-haves and also we experienced this process um seven years earlier when we bought the home we'' re living in now in connecticut we still live down in new york as well as we got a second residence as well as it was location and geography we wished to stroll to community which we have house qualities you know this residence we reside in now sleeps 16 however there'' s only 3 rooms so we have couches all these locations for the kids we desired very easy care as well as maintenance and after that again what new memories can we develop in this brand-new residence as well as we produced some fantastic ones all right so and also we didn'' t obtain whatever on that list with this home due to the fact that easy treatment as well as update i imply we acquired a house that was over 300 years of ages that'' s real so um very easy treatment and update concern mark on that one so so we were adaptable we were yes we were we found flexibility i wear'' t think we began there no however we selected a presented method you know we had a second residence which is our residence in connecticut we had actually gotten it 5 years ago we opted to offer our our residence in New York City and also as an interim action we rented out a three-bedroom condominium in our community where we marketed our residence in new york due to the fact that we still had 2 girls that were finishing up college weren'' t sure where they were going to obtain tasks and also the last thing you wish to state to your household or loved one is we relocated there'' s no location for you yet right here'' s the important things we leased this townhouse for 2 years jody as well as i were investing half the moment down there and need to time up here the women started to prefer ahead visit us below versus in new york so at the end of the two-year lease it became really clear we didn'' t need that residence any longer so when the lease was up we relocated out and relocated whatever we had we removed once again ideal as well as uh brought every little thing up right here yep so i believe it'' s important to note you recognize downsizing wasn'' t easy for us and also we took acting steps with you know a townhouse as well as with storage systems and also attempting to continue the removing occasions right so with all that behind you you need to make an activity strategy and also we did as well as there'' s so numerous points that you require so lots of actions and also it'can be paralyzing it ' s just can be so demanding however you have to make a list and keep plowing with and like jody stated before if you need to pause you relax you recognize if you make some contracts at first and actually remain real to them with objective it truly does help you recognize begin with your comprehensive order of business call a real estate professional talk concerning selling your house finding a brand-new one if you'' re transferring call a neighborhood real estate professional in that area that'' s crucial we did we located that to be really crucial that that really aided us with community option and once again we underwent this yet established priorities for the brand-new home your must-haves as well as some things that are okay and also um just begin relocating ahead in the process and also you understand it'' s funny the downsizing of your valuables so of the stuff as well as things um i assumed it was really hard you understand to do that for your moms and dads you recognize since we didn'' t have emotional ties and also we'' re trying to make contact whether this image makes even more feeling than that photo right however it'' s really hard when it ' s your stuff everything you get oh my god my mom provided this swing when i was 10.
yeah yeah so i understand or for the kids you understand we needed to sort of draw the line in the sand with some of the children and claim you understand if you want these 7 boxes that are yours yeah you have till this date to obtain them otherwise you understand we'' re going to have to go with and also determine what and after that also the more difficult part is the children state i put on'' t desire it like you don ' t desire all your artwork from kindergarten just how am i gon na throw that out right so it'' s hard there ' s not a very easy escape there simply is not you need to be um diligent without a doubt however with the things and also points you understand we decided to do one space each time ideal and also that worked actually well it did it took us months yet it was a great procedure to go through you know yet it however it did it did focus us on that particular one room so we didn'' t feel that frustrating there was that time in the attic that i was up there when you were at job or do i have that in reverse you have that completely jody entirely cleaned out the attic one day it was 105 levels up there and also we also neglected we had things in the attic room but we did that uh we did the kids spaces initially we did as well as we did keep some points for them and also just functioned their way around the residence and afterwards we handed out a great deal which uh to different companies in your community particularly nowadays they might actually use it so we organized bags by you recognize women'' s garments ladies ' s footwear males'' s clothing men ' s sweatshirts and um the regional charities were incredibly delighted to obtain them and also i would certainly state that this is a recurring procedure we still can do even more removing below it'' s tough but you recognize in some cases i assume this coming sunday it'' s mosting likely to rainfall and we'' re mosting likely to purge so um it'' s simplified well yes you did it did not it streamlines your life and also it'' ll it provides you space to imagine even more you know we'' ve we ' ve made a lot of adjustments in the last 5 years and we'' re living a great life definitely absolutely and we love our brand-new neighborhood we still have connections to our old area you know it'' s sort of like those friends that you recognize never ever leave you and currently they belong to find and also go to which is truly trendy as well as we'' ve done really well socially we'' ve signed up with a local club we understand a great deal of the store owners so we really truly delight in um what'' s taking place up below in connecticut so if you appreciated this please share it with your good friends you know sign up for the um to the channel subscribe switch listed below and also join our cost-free facebook team we'' ve obtained a wonderful facebook engaged neighborhood as well as we'' d love to have you sign up with the web link is also in the notes so thank you for listening as well as we look ahead to being with you once more
throughout your Occupation Success was something that you might determine annual quarterly regular monthly also weekly generally with metrics or goals or positioning with business vision as well as definitely with your team or team wins in the process I understand from my firm we had sector standard dimensions roi sales earnings per staff member staff member retention we did affordable evaluation now that you'' re retired what are your steps of success we know what ours are are your procedures of success straightened with your spouse or companion are they lined up with your core worths do you deal with them enough or do you just allow your retired life days pass by it'' s truly an important number of inquiries you want to consider what is success in retirement you know as you think of these concerns you understand just how do you understand when you'' re doing well how do you measure it the ruler who is educating you that is assisting you how are you discovering just how around this for a concern what makes you seem like you had a fantastic day in your retirement at the end of the day when you place your head down on the cushion what are the important things you were doing doing throughout the day that just made you really feel terrific these are several of the points you might want to measure for your retirement as well as really do you ever before kick back and also assume what do you desire to boost term from our profession exactly how do you develop the saw that'' s Stephen covey ' s term I believe so isn ' t it I assume it is hone the track you hone the saw like we claimed previously where is your understanding originating from or are you simply letting life flow by naturally which some people like to do yes with no planning or any type of pressure simply taking daily as it comes you recognize success in retired life can take numerous types and also may vary for everyone individually yet there are some common components yeah and we understand some individuals we have a you could you possibly understand a great deal of people that are succeeding in retirement our friend Dan is thriving as a grandpa we see him regularly being like the very best Granddad ever before my good friend Elisa she'' s prospering in her third job which remains in national politics sustaining national politics as well as she simply absolutely loves it as well as our shared good friend George travels the globe and also he enjoys it yeah and also you know I lately linked with among my roommates from college as well as her name is Kim and she'' s gone back to institution to get yet an additional level in retired life our pal John is collaborating with his sons in their construction service helping them along the method and our friend Jeannie is composing a book right so all of these things are taking place in their retired life and also you possibly know people who succeeded in retired life as well and also possibly you'' re effective in retired life'if you are we ' d love to have you'leave remarks Listed below on what you ' re doing to make your retirement so effective so you can Inspire others comments are actually crucial to us however allow'' s take a minute and also locate several of the usual elements that may be the Cornerstone to what success can resemble for you okay so here are some of those common aspects that add to a successful retired life we'' d be remiss if we didn ' t start with the very first one which is economic Freedom you recognize accomplishing Financial Security as well as Independence is an indicator substantial measure of success in retired life and also it really suggests simply having enough financial savings Investments and also a lasting income stream to sustain your desired lifestyle with no Financial words and also we put on'' t do any kind of Economic work or any financial planning but it still is actually truly vital to make certain that again as for your objectives what you want your retirement to appear like your financial resources can support that yep if it doesn'' t you need to you know obtain your financial strategy or your accountant to assist with that yet the second location actually is personal gratification so where are you obtaining your fulfillment for in your retired life for us it'' s our youngsters it ' s our physical health program it ' s this business retired life transform that'' s where we obtain it from however where do you obtain it from is it from your hobbies are you are you doing some creative Undertakings or volunteering you need to find out what it is or where you'' re getting your individual gratification from since that'' s truly a crucial Foundation of an effective retired life and also a lot of client s pertain to us that'' s where they ' re really battling I would certainly claim because they have it throughout their career but they don'' t have it currently right the third one is healthiness as well as wellness keeping great physical as well as psychological wellness is crucial in retired life as well as you recognize success can be reflected in appreciating healthiness and even just taking care of wellness challenges effectively since health and wellness difficulties influence everyone and also prioritizing self-care with regular workout at balanced diet plan as well as also some stress monitoring methods yeah and the various other Foundation the 3rd one we'' re speaking about is strong partnerships constructing I assume it'' s the fourth one fourth one structure and nurturing solid partnerships is most likely among the most crucial facets of successful retirement we are people are social pets as well as we require good close links with friends and family as well as have brand-new Social Circles as well as actively participate in social tasks to actually feel involved as a human if that is doing not have from your retired life or your life right currently that'' s an area you might intend to concentrate on oops note simply broke his chair oh my God exactly how concerning that you might intend to concentrate on what do I do now do we relax okay the 5th one is no I feel in one’s bones international all ideal take two showing up we'' re back below'we are below ' s what happened appearance you ' ve people keep well individuals were telling me you befalled of your chair no well you mean the children due to the fact that you sent them the video Yeah it ripped appearance I'' ll finish it that ' s what happened so we had to get a new seat which we got for yours it'' s been concerning a week and also I also obtained various other ladies available can realize and also recognize I'' m just incredibly grateful it wasn'' t my chair that damaged since the remarks would be a flying we both have had haircuts uh we'' re using the same attire yet we'' re gon na complete this video come hell or high water not shed an earrings no so I we entrusted to strong connections as the ship went down as well as we'' re back and currently Jody what are you going to speak about work life balance right one more Common String is work-life equilibrium retired life success can include accomplishing a healthy and balanced balance and it implies having the ability to truly have the flexibility to designate time to activities you appreciate consisting of Leisure as well as traveling and also spending quality time with enjoyed ones pursuing personal rate of interest as well as leisure without the restraints of a full-time task and I assume we do rather well keeping that it'' s see our job like I believe I do better than you to be honest I I engage with like my yoga staff my ladies golf league like I'' m like truth be understood I spend more time on job you do Jody spends even more time on uh life equilibrium I do yeah but that'' s all right we work out magnum opus out fantastic so the other point that'' s truly vital for an effective retired life is hang out on individual development and knowing and we both love this we read a great deal of books um gosh we view a great deal of YouTube episodes we um we have brand-new skills also these video skills and also running a YouTube channel I mean this YouTube channel now is coming to be an actual offer for us and is looking for the best way to pick great titles pick thumbnails for you guys so you obtain a different advertising than either one of us ever yeah I offered insurance coverage for a living but the important things about it is when you'' re when you ' re expanding and also learning it ' s healthier for you your brain gets exercised your body obtains exercised you know learning how to ride a bike and also points like that so pickleball I suggest that'' s that ' s discovering yeah and the last typical component of success is actually just having assurance that inner sense of simply tranquility satisfaction and fulfillment in retired life as well as that is an useful I think a super useful measurement of success and every little thing we spoke about today hey so good idea I'' m fit because I can have gotten harmed when we fell that every little thing we spoke regarding I claimed when we fell I was still resting your earring diminished my jewelry did um you almost dropped I almost spoke what if I took you over with me I recognize that would have misbehaved each of these common threads is achievable for everyone you understand we wish to motivate you all to see to it you you recognize make some notes here today and you'' re as well as you ' re servicing some of this things for yourself and it takes preparation and also organization some self-reflection and also an excellent activity plan with a clear feeling of purpose Financial Protection good wellness and naturally your strong partnerships however you can do it now we understand you like this video clip because I fell yet if you did like the web content you'' re gon na love this next one secrets of successful retirees do these four points we'' re not going to tell you what they are below today yet it'' s still must see video so watch this next
yeah hobbies is a huge point since a great deal of individuals claim i don'' t recognize what i ' m going to perform in retired life since i have no hobbies but they ' ll claim i put on ' t play i have no pastimes so you need to you ' ve obtained five years to start to believe regarding that a great deal of people wait till it ' s too late as well as there ' s so much stress and anxiety on'them they have no leisure activities they put on ' t know where they wish to live they ' re not speaking to'their partner we wish to protect against every one of that today we ' re chatting concerning transitioning right into retirement as well as this is sequel of our three-part series if you bear in mind and also if you enjoyed it the very first component is five to ten years out today we'' re going to concentrate on your preparation and points you require to do one to five years out prior to you leave your organization and also enter this third stage you recognize this is mosting likely to be a difficult change in your life if you aren'' t prepared and also if you put on ' t plan when we entered this stage we tried to find assistance we looked anywhere however the only point we can find was economic planning aid which'' s not what we required which'' s why we started this company since we realized we were struggling a bit and needed to determine how to pivot to make this time around of our life just as good as maybe so here we are retired life transformed partly one which was 5 to 10 years out we provided you 4 approaches to function on the very first was intending the secondly was recognizing dangers and also when we speak regarding dangers in retirement it'' s points like your loss of identity as well as developing a new identity your loss of area and producing a new area and those 40 hours of cost-free time that everybody returns the various other point was constructing a vision for your retirement five to 10 years out you desire to begin believing what is it going to appear like and also you also the 4th point is start assuming regarding practices as well as routines what are some excellent habits you intend to advance what are some bad ones you require to quit we wish to make sure you return as well as view that episode the web link is pasted below in the notes so we'' re going to build on those approaches today as we look at the one to 5 years out you know as well as in this amount of time by currently one to 5 years from your retired life day you do require to have a financial coordinator in place therefore you have the economic organizer your vision ought to start being clear and assuming it'' s your choice to retire you have a period as well as a day you know you have to start obtaining comfortable with the idea and getting more total quality time is mosting likely to pass truly quickly now you know we both retired a great deal earlier than we assumed and also because of that we weren'' t prepared you recognize i was at the peak of my occupation as well as i made a decision to offer my firm i was 55 years of ages as well as i intended on working one more 10.
Everybody wants to function to 65 right however i just helped five as well as you understand all at once my firm was offered to a rival and i remained during the assimilation for 3 complete years however i found that it wasn'' t going to benefit me anymore so with each other in december of 2018 we left together as well as our access into retired life was rough you know we we invested a year traveling the world we mosted likely to italy uh florence uh where else are we london london bora bora bora bora was terrific however we did that we captivated friends and family for a summer that seemed like a year we recognized we didn'' t truly have a function and also someday we looked in the mirror and also neither of us liked what we saw no we didn'' t we didn'' t we didn'' t we didn ' t appearance good and also we didn ' t feel good as well as the important things is we put on ' t desire that for you this shift is difficult as well as the extra ready you are the better opportunity of success you ' ll have so here ' s some added actions that you should be taking one to 5 years out prior to retirement currently this originates from our experience our success and our failures but also from most of the clients that we collaborate with you understand the initial point we'' re mosting likely to ask you to do and also you may roll your eyes is to buy a journal aligned or unlined journal an economical journal just something to begin creating in something you can start recording your thoughts and we'' re mosting likely to offer you a little structure on that however composing is much better than online typing it start recording your thoughts your sensations your struggles and also your successes you recognize the reason that composing is far better than digital is it compels you to actually reduce you can'' t obtain words out quickly enough so you have to really assume of the words as well as create them and you preserve it better when it'' s electronic also if you'' re an excellent typist you can simply bang them all out'you ' re not actually permitting your mind to decrease and also focus so journaling and also composing is truly crucial it'' s funny when you claimed bang them all out due to the fact that you'' re a one finger typer 2 fingers this set which one anyhow be a location for you to gather your ideas however even more significantly to damage up your journal right into containers as well as i'' ll inform you among the buckets can include our 5 pillars physical health mental health connections that you want to strengthen or release your spouse companion alignment or imbalance anywhere it could be and also the last pail is wisdom sharing you want to start thinking of what is it you'' re going to do after your profession ends to obtain fulfillment to profit all of your skills as well as your experiences to to to serve others in a way like what jody as well as i are doing with this service and also you desire to start listening to your voice and also creating it down and also we'' re really mosting likely to go deeper on wisdom sharing today since that'' s for the next five years you really wish to start considering exactly how that'' s mosting likely to fit right into your life so this journal is mosting likely to include sort of where you are now and also you'' re going to put some reaching declarations in to identify where you'' d like to be and after that you ' re going to have the ability to do some research and also arrange your thoughts right and also a few other locations to place in the journal to start believing about is itinerary if you intend to travel compose it down and figure it out and also begin thinking of it we have the best traveling agent by the way that assists us figure some points out however you additionally may desire a villa right and also you additionally may desire to think where do you desire to stay in the next 30 years right as well as how'' s that going to effect or impact or include your youngsters and family just how does that where you live just how does your location effect your pastimes yeah leisure activities is a huge point because a great deal of individuals state i don'' t know what i ' m mosting likely to perform in retired life due to the fact that i have no pastimes or they ' ll claim i put on ' t play i have no hobbies so you have to you ' ve obtained five years to begin to consider that a whole lot of individuals wait till it ' s too late as well as there ' s so much stress on them they have no leisure activities they put on ' t understand where they wish to live they ' re not speaking to their partner we want to prevent all of that we likewise wish to provide you an area where you can take down some aspirational hobbies yeah maybe discovering a language or going to an art studio or getting a new sport start repainting start paint yeah mark'' s making fun of me since i want to start painting i simply place'' t had the time four years ago i provided you the entire paint kit the easel and also all of things as well as they'' re still in the wardrobe perhaps i'' ll go now alright okay there you go great 2nd thing to do we'' re mosting likely to focus the rest so the very first is the journal that was all the large journals get a journal and start writing right as well as you understand compose and afterwards put it away take it back out once more put some tabs in there on these various sections i believe you'' ll really appreciate it but allow ' s talk regarding knowledge sharon since this is actually a core element of your retired life changed and also among things that we did ourselves as well as we finish with our clients as well as we show this in a very deep method in our on-line training course is to find out some aspects of on your own so we desire you obtain a blank notepad and also we want you to put five columns in there going entrusted to best and the very first column actually is to detail all of the tasks and the functions you'' ve repeated your entire career or your life in the last 30 or 40 years and also sometimes it'' s simple to damage it right into buckets the last 10 the previous 10 whatever it may be sales function ceo and you wish to go back as far as you'' re comfy with i know for me i went back two decades i understand for mark he returned to his first work out of intermediate school which was reducing yards paper boi oh paper boi paper boi when did you cut grass after that because you copulated back i wasn'' t permitted to utilize lawnmower it was inadequate so you pick the moment frame that helps you but in that first column you want to provide all those jobs that you had and after that put the day since the day the second column the date just so you type of have a recommendation yet truly where it obtains intriguing is the third column we desire you to jot down what did you enjoy regarding that job what what delighted you regarding it why did you like it a lot what feeling comes to mind when you consider being a paper kid or cutting yards or appropriate i occur to be the globe'' s biggest waitress which aids me helps me be a good mama of 6 youngsters lugging plates the fourth column is possibly what did you dislike concerning that role since if you didn'' t like it you plainly do not intend to take up that kind of task right or that that solution in your retirement if you put on'' t like it and afterwards the collaborators of enemy is what has this work or role instructed you and after that to sum it up you intend to experience those sheets and also do an entire lot of them select your top 5 it'' s crucial it ' s all we desire you to do is what were the top 5 jobs or duties that you played in the last 30 years so that'' s probably a pretty large as well as a rather active sheet for the majority of people the second thing we desire you to do is list your staminas and values as they speak with you go via and note them and also get a top 5 for each stamina or value and once you have that combine that with your top 5 tasks and also see where you land and also start covering it you'' re gon na begin obtaining a little quality on what it is you believe you might wish to do the other thing to do as you'' re writing and also thinking of it you'' ve obtained you understand one to 5 years left of work start paying focus to your to your days now so you reversed now moving forward if you have actually determined sales leadership as something you such as really listen when you'' re doing it now you'recognize if you ' re a finance person and you love servicing spread sheets is that truly what you see on your own doing after so it'' s actually crucial it makes makes me think of that what was that book that uh we read um wisdom at the office by chip conley yeah we'' ll put those take down listed below wisdom at job by chip conley the making of a contemporary senior an awesome read it'' s a truly intriguing publication concerning his function in airbnb and also the various other point to do throughout this stage if you'' re not already is start offering in any type of means form or form you understand maybe at the food bank maybe anything but you intend to find a means to volunteer board service well i'' ll tell you it makes it much easier to discover your volunteering niche after you'' ve gone back and you'' ve considered what inspires you in various functions and also what your core values and also proficiencies and also where you get your juice from and afterwards you find out just how much time you have currently with the one to 5 years still working and afterwards you determine how to launch into a volunteering duty as well as every neighborhood requires you currently look these next 5 years are going to be a tough time they'' re going to go quick we don'' t desire you simply to coastline as well as all of an abrupt end up believing oh my god i'' m leaving in year the next video is regarding the last one year however we want you to do whatever we spoke about in the initial video clip and this to get you all set for that which method you'' ll land in this phase totally prepared and pay attention if you enjoyed this please share with your friends as well as likewise please subscribe by clicking the subscribe button below and also put on'' t forget to join our free facebook community the link remains in the notes too it'' s a great area to begin to develop an area for your retired life stage many thanks a lot for listening and also we expect being with you once again quickly you
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