Andy chats with a real person (not an advisor) doing their own retirement planning. This episode is a bit different from our normal real people chats though. Andy is joined by Kevin Lyles from the Rock Retirement Club. Kevin is a retired corporate lawyer who has since become a certified retirement coach, focusing on helping people with the non-financial aspects of retirement.
In the episode, Andy & Kevin talk about six "Retirement Truths:"
- You never know when you have enough; there are too many uncertainties and too many changes in life
- The 90/10 rule; before retirement, planning is often 90% financial, 10% non-financial. In retirement, planning is often 90% non-financial, 10% financial
- Searching for purpose can lead to frustration and failure to find it
- Optimization is great. But don't let the elusive quest for perfect be the enemy of good. Don't let yourself get stuck in analysis paralysis
- To thrive in retirement, we must continue to grow and achieve
- Retirement isn't about money; it's about time. Tomorrow is not promised
Links in this episode:
- The Rock Retirement Club - here
To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com
