Your Retirement Elevated Podcast with Scott Dougan Scott Dougan

The long process of writing a book has finally wrapped up for Scott and we’re excited to be rolling it out very soon. In anticipation of the launch of Exceptional Retirement: Tools and Strategies for Retiring On Your Own Terms, we wanted to share some background on the book, the chapters that we think you’ll like most, and the personal stories that influenced our approach.
Our approach is all about personalizing your retirement, which is why we emphasize that every individual has unique needs, desires, and challenges when it comes to retirement. The book addresses the four fundamental questions that haunt future retirees: When can I retire? Do I have enough money? Will my money last? And, am I going to be okay?
Join us for another episode of the show and find out everything you need to know about the book.
Here are some of the questions we’ll tackle in this episode:
Scott learned a lot about himself through this book-writing process.
Why he picked tools and strategies as the theme and focus of the book.
The book strives to answer four big questions people have about retirement.
The personal experiences he pulled from when writing the book.
The key chapters and takeaways we think readers will enjoy most.
 
Check out the book and get your free toolkit here: https://keap.page/bu413/toolkit-page-1715718291057.html 

Each generation is currently navigating a unique part of the retirement planning experience. With many baby boomers preparing for the transition into retirement and the early half of Generation Z taking their initial steps into the career field, these major life events come with a handful of financial planning questions.
In today’s episode, we’ll share insights into the unique concerns that echo across different age groups. These are the retirement questions that every generation is asking.
 
Here’s some of what we’ll tackle in this episode:
Baby Boomers (1946-1964) are at or near retirement age and have many questions about how to best prepare.
Generation X (Approximately 1965-1976) is at a stage where retirement planning is becoming increasingly important.
Millennials (Approximately 1977-1995) are at various stages of their careers and find themselves navigating a range of retirement-related uncertainties, from saving strategies to the evolving landscape of retirement benefits.
Gen Z (Approximately 1996-2015) is at an early stage of the professional and financial journey, leaving many with questions on how to get started.
 
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724

Are you prepared for the unexpected turns your retirement might take? In this episode of Your Retirement Elevated Podcast with Scott Dougan, we explore the surprising findings from a study by the Transamerica Center for Retirement Studies. The study reveals a stark contrast between pre-retiree expectations and retiree realities, and we're here to explore the nine most common retirement surprises that await.
One of the most comforting surprises is that many retirees worry less about money than they anticipated. It seems that once the retirement plan kicks into action, the stress over finances begins to wane. This is a heartening revelation for those lying awake at night fretting over their financial future.
The takeaway from our episode is clear: retirement requires planning, flexibility, and an open mind. Whether it's adjusting travel plans or having those tough financial conversations, being prepared for the unexpected is key to a fulfilling retirement.
 
Here are some of the questions we’ll tackle in this episode:
- Why do retirees worry less about money and how does planning play a role?
- What causes many to retire sooner than expected and how abrupt is the transition?
- How does the reality of travel in retirement differ from the expectation?
- Why is discussing finances still taboo and what impact does that have on legacy planning?
- Do most retirees wish they had saved more, and what can you learn from their experiences?
 
Resources for this episode:
The Retirement Manifesto’s 9 Retirement Surprises
https://www.theretirementmanifesto.com/9-retirement-surprises/
Transamerica Center for Retirement Studies
https://www.transamericacenter.org/
 
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724

Ever found yourself endlessly scrolling through options, unable to make a choice? You might be falling into the trap of FOBO: Fear of Better Options. It’s ​a ​psychological ​phenomenon ​where ​someone ​avoids ​making ​a ​decision ​out ​of ​the ​fear ​that ​there ​may ​be ​a ​better ​option ​out ​there. ​How ​can ​we ​identify ​it ​and ​work ​with ​it ​and ​make ​better ​decisions ​and ​actually ​get ​to ​the ​decision ​point? That’s what we want to discuss with Scott today.
 
Here are some of the questions we’ll tackle in this episode:
What is FOBO and how long has this behavior been around?
People can be divided into two groups when it comes to decision-making: maximizer or satisficers.
Commitment is the key when making financial and lifestyle decisions.
 
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724

Are you ready to flip the switch from saving to spending as you approach retirement? Many people struggle with the transition and mindset shift that happens in retirement. In this episode, we’ll explore the delicate balance between money, happiness, and the art of spending wisely in your golden years. It's packed with insights on the psychological shift required to enjoy the fruits of your labor, the impact of past experiences on spending habits, and how to use money as a tool for a better life rather than a measure of status
 
Here are some of the questions we’ll tackle in this episode:
Money is a tool to live a better life and we all view it differently.
How influencers and marketers can play a huge role in our perception of money.’
People set out to make a strategy to achieve a better life but that turns into an ideology they’re beholden to.
How your childhood and early life can shape your view of money.
We want to use the money we’ve saved to enhance our lives and experiences.
 
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724

On today's episode, we're going talk about scams and how they are more prevalent than you might think. In fact, just in 2022, there were more than 88,000 complaints of fraud that resulted in more than $3 billion in losses from people age 60+.
 
Here are some of the questions we’ll tackle in this episode:
Why are people aged 60 and over common targets?
The top five scams that constitute 65% of the complaints.
The ‘Can You Hear Me’ scam that is easy to fall for.
What steps can you take to protect yourself and increase your cybersecurity?
 
Additional resources: 
https://www.ncoa.org/article/top-5-financial-scams-targeting-older-adults 
https://www.ncoa.org/article/how-older-adults-can-improve-their-personal-cyber-security
 
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724