Retirement Answer Man

Learn What to Ignore with Dr. Daniel Crosby

Dec 18, 2024

Join Dr. Daniel Crosby, author of "The Soul of Wealth," and Dr. Bobby Dubois, a retirement wellness expert, as they tackle retirement planning complexities. Crosby emphasizes the need to ignore distractions and trust your inner voice amidst the noise. He advocates for self-awareness in aligning financial goals with personal values. Meanwhile, Dubois highlights personalized health strategies tailored to individual personality types. Together, they offer insights on critical thinking and self-trust for a meaningful retirement journey.

01:07:57

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Episode guests

Bobby Dubois

Daniel Crosby

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Quick takeaways

Learning what to ignore is essential in retirement planning due to the overwhelming information that can lead to confusion and poor decisions.

Trusting your instincts is crucial in retirement planning, allowing individuals to tailor their approach based on personal experiences rather than solely on external advice.

Retirement planning should be viewed as an ongoing journey that prioritizes life satisfaction and happiness over complex strategies.

Deep dives

The Importance of Learning What to Ignore

Understanding what to ignore is a crucial skill for successful retirement planning. The overwhelming amount of information available today can lead to confusion and poor decision-making. For instance, one expert mentions that the volume of information created up until 2000 is now exceeded every two days, making it clear that not all information is relevant or beneficial. Therefore, it is essential to filter out distractions and focus on what truly matters to your personal retirement goals.

Intro

5min

Navigating Retirement Planning

13min

Navigating Financial Advice with Critical Thinking

10min

Navigating Anxieties in Uncertain Times

8min

Personalized Paths to Health

29min

Understanding Different Perspectives on Health and Financial Decisions

2min

Reflections on a WWII Pilot's Missions and New Year Perspectives

2min

💬 Show Notes

Join us in this episode as we delve into the complexities of retirement planning with Dr. Daniel Crosby, author of The Soul of Wealth. Discover the importance of learning what to ignore and how to trust your inner voice amidst the noise. We also explore the nuances of health management with Dr. Bobby Dubois, discussing how to tailor your health journey to your unique style. Plus, get a sneak peek into the upcoming Retirement Plan Live case study and exciting changes for the show in 2025.

(00:30) Today we are going to talk to Doctor Daniel Crosby and Doctor Bobby Dubois

(04:20) Retirement Plan Live starts in January. We will have two subjects this go round, both are retiring single, with no children.

(05:30) In 2025, the show will be more focused on retirement.

INTERVIEW WITH DANIEL CROSBY

(06:20) Welcome Doctor Daniel Crosby to the show.

(07:00) We are going to focus on a chapter in The Soul of Wealth, Learning What to Ignore.

(08:15) Daniel: I feel like our attention is being pulled in negative ways...We live in a world where we are utterly unprepared for the amount of information coming our way.

(10:35) Daniel: Going back to the top of your funnel and figuring out what you want can be deeply obscured by focusing on the wrong thing.

(12:35) Daniel: The reason that we are at the top of the food chain is our ability to work cooperatively together and part of working together is benchmarking with each other.

(13:20) Roger: Whatever your vision is should be a reflection of your values.

(17:55) Roger: We have to know what to pay attention to when it comes to practical planning so we don't spend too much time focusing on the wrong thing. What are those filtering questions?

(19:05) Question 1: Do you have a reason to believe the accuracy of this information?

(21:31) Question 2: What is the motivation of the person giving forecast or information?

(26:20) Daniel: That which we obtain too easily, we esteem too lightly.

(27:15) Question 3: Will I care about this in the next 5 years?

(29:29) Daniel: “Given the state of everything,” is kind of how everyone feels all the time.

(30:30) Last question: Does this matter to my finances or my soul?

(33:40) Daniel: When people look back on their lives, they don’t care about work and money all that much.

INTERVIEW WITH DR BOBBY DUBOIS

(35:50) Dr. Bobby Dubois joins us to talk about energy and retirement.

(36:41) Today we are going to talk about HOW we approach our health.

(38:06) Bobby: One size fits all doesn't reflect our personality types. How things motivate us are not the same from one person to another.

(40:02) Roger: Quote from Neal Stephenson might apply to today's longevity discussion. Most of us are too busy living our lives to think about longevity.

(41:35) Bobby: There are five different health types and there's a quiz to identify them

(42:11) Bobby: The first type is the holistic health hacker, wellness is front and center.

(43:52) Bobby: Next is single minded achievers, they focus on one or two things and can get tunnel vision.

(45:55) Bobby: Purposeful path planners are folks who are motivated about their health but can get overwhelmed by information.

(47:39) Bobby: Contentment creators have mastered the art of enjoying life. Life is front and center and health is secondary.

(49:40) The last type is the smallest in my database, hopeful health seekers. They keep at it and don’t give up but they haven’t found the way toward health.

(51:17) Bobby talks about Roger being a purposeful path planner.

(55:36) Roger: There's a difference between deciding, indecisive, and undecided

(59:40) Your health type may change over time.

SMART SPRINT

(01:05:42) IN the next seven days, I challenge you to use Dr Crosby’s focusing questions to strengthen the muscle around what you should pay attention to and what you should ignore.

BONUS

(01:06:23) All right, mission number seven and eight, July 8, 1944. Ship number 188, sortie 5th Vienna

Show notes created by https://headliner.app

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✍️ Episode References

Dr. Daniel Crosby

https://www.danielcrosby.com/

The Soul of Wealth

https://harriman.house/books/the-soul-of-wealth/

Dr. Bobby Dubois

https://www.drbobbylivelongandwell.com/

James Clear