Retire With Purpose - The Retirement Podcast 491: Freedom After 50: 8 Reasons the Month You Retire Matters
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Mar 28, 2025 Les McDaniel, a certified retirement coach, joins to discuss the non-financial aspects of retirement timing. They explore the irrational fears that often hold people back from retiring and explain the '3 Cs' of timing: family, health, and social considerations. A fable about a fisherman reimagines the balance between work and leisure, while emphasizing the need for planning a fulfilling post-retirement life. The conversation also touches on the benefits of staggered retirement for couples and the importance of financial guidance in building a robust retirement strategy.
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Ideal Retirement Seasons
- Consider retiring in spring or summer for better weather and outdoor activities.
- These seasons can elevate your mood and offer more opportunities for enjoyment.
Emotional Milestones in Retirement
- Many people choose retirement dates based on emotional milestones, like anniversaries or birthdays.
- These dates may lack financial rationale but offer psychological closure.
Family-Focused Retirement
- Align your retirement date with important family events like weddings or graduations.
- Prioritize being present for loved ones during these special occasions.