• Skip to primary navigation
  • Skip to main content

Ready for Retirement

  • Home
  • Podcast
  • About
  • Submit Your Question
  • Work With Me
  • Show Search
Hide Search

How to Create Purpose and Meaning in Retirement

James · March 30, 2021 · Leave a Comment

Subscribe now

Our topic on this episode of the Ready for Retirement podcast is all about how you can create a purposeful and meaningful retirement.

Questions answered: How do I create a strategy to have a fulfilling retirement? What activities should I do in retirement? How can I make sure I don’t outlive my money? 

Are you ready to start focusing on the things that truly matter when it comes to your financial future?

Guest Interview: Joe Casey 

Joe Casey helps individuals nearing retirement (or in retirement) who want to create a purposeful and meaningful retirement. 

Joe has a podcast dedicated to focusing on how you plan on investing your precious time in retirement: The Retirement Wisdom Podcast

Website: https://www.retirementwisdom.com/

Joe can be reached at joe@retirementwisdom.com

Key Points

  • How To Create A Purposeful and Meaningful Retirement
    • Avoid tying your job with your identity.
      • Individuals used to say “ I retired” or “I used to work”.
      • It’s about having a mindset to say “Here’s what I’m doing now..”
    • Understand what aspects of your life you want more of and which you are happy to be finished with.
  • Creativity
    • Individuals who stay creative and do activities that engage every aspect of their brain have proven to have more meaningful retirements.
  • Exploring a New Asset Class: Time
    • Having truly so much time can feel overwhelming.
    • Men tend to miss the social aspect of retirement more than women.
  • Date Night
    • Couples often don’t have date night as time goes on, and it’s easy to forget to have date night with all that life brings.
    • Some couples discuss how bringing back date night every week, or a few times a week, allows individuals to remember exactly why they married their spouse in the first place.
  • Writing a book
    • Writing a book can be a great activity to think about your life and all the great moments that you accomplished over time.
  • Volunteering to read to children
    • Many individuals miss the days of reading to their children before bed.
    • Individuals can go volunteer and read children’s books to young individuals at a local library or institution near them.
  • Cooking
    • Do you love cooking but don’t want to be a chef full-time?
      • Going to culinary school and learning more about cooking and assisting a few nights of week to private chefs can be a great hobby, and comes with great taste along the way!
  • When Should I Start Thinking About What I want To Do After Retirement?
    • It is best to start thinking about what you want retirement to look like before you retire so you can have a smooth transition into retirement.
  • It’s More Than Just Finances
    • Financial planning is important – it’s needed so you can do more of the things you want to do. 
      • But, financial planning isn’t everything.
      • The numbers in your financial plan are a means to an end, they allow you to do more of the things you want to do.
    • Whether you’re retired today or close to retired, make sure you’re doing the things you want to do before retirement, so you have activities you can look forward to when retirement does come.
    • It’s not about saving as much as possible, but making sure you’re saving enough to put you in a place to do more of the things you want to do. 
  • Why Should You Hire A Retirement Coach?
    • If you have a drive and desire to discover your next path of life in a meaningful way, a dedicated retirement coach is the best suited to get you there.

Timestamps


1:44 – Introduction 

3:50 – Retirement Planning & Creating Meaning

6:12- Understanding What You Want To Do

7:00 – Tangibles & Intangibles of Work

10:57 – Principles of Design Thinking

14:45 – Retirement: Men vs. Women

18:53 – How To Increase Meaning With Your Spouse

23:00 – It’s More Than Just The Money

26:10 – Vision For The Future

27:45 – Aligning Your Investments With Your Financial Goals

Resources:

Submit your question:

Subscribe to the show

Work with James

Podcasts

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2023 · Ready for Retirement