This retirement podcast covers the changing nature of retirement today. Our guests offer useful insights on how to retire as well as the non-financial aspects of a successful retirement transition including retiring early, working longer and making a career shift in pre-retirement.
Retirement Planning Considerations for Women - Russ Thornton
What unique challenges do women face in retirement planning? We talk with Russ Thornton, an experienced retirement advisor who specializes in helping women prepare for retirement. And we cover several topics of interest to anyone who's planning for retirement.
The story behind why he specializes in retirement planning for women
What he sees as the unique challenges women face in planning for retirement
What’s different about planning for retirement today versus 10 to 20 years ago
The key building blocks of a sound retirement plan
What many people don’t know about retirement planning - but should
The mistakes he sees people make in planning for retirement that can be avoided
How his clients navigate the challenges that come with the transition to retirement
How couples can get on the same page about retirement
His approach at Wealthcare for Women
The upside of life in retirement he sees his clients living today
Russ joins us from Atlanta.
Russ Thornton has been a retirement advisor for over 25 years and specializes in helping women retire confidently on their own terms to comfortable, fulfilling lives, at his retirement advisory firm Wealthcare for Women. Russ was selected as one of Investopedia's Top 100 Financial Advisors in 2019, 2020, and 2021. Prior to establishing his own firm, Russ was a Financial Advisor with Merrill Lynch.
For More on Russ Thornton
Wealthcare for Women
On Not Deferring Living
"I like to always emphasize the idea that you can do things now and in retirement. You don't have to wait. And if you wait, you run the risk that you're not here. Tomorrow isn't promised. I'm sure we all have heard about, or maybe know, people that have planned to retire and for one reason or another, they never made it to retirement. Or they retired and in a year or two or three in something happened and they didn't even get to enjoy all the years they'd planned on. So, I think you need to think about how you can start enjoying your life today while still preparing for a comfortable and confident retirement ahead."
On Planning for How You'll Invest Your Time
"Clearly retirement planning revolves around making sure that you've got the financial pieces in place to support your life, no matter how long you live. But, I think it's worthwhile to also spend time thinking about how are we going to spend our time? And who are you going to spend your time with? What are you going to stop doing once you retired? Maybe that gives you the opportunity to eliminate some things in your life that by necessity that you're dealing with now related to work or other commitments."
On Shifting from Saving to Spending
"I find that it's often very difficult for people to make that mental shift from saving and accumulating to starting to spend, and as a result, I find a lot of people underspend - especially in the first few years of retirement. When in reality, if they're going to overspend, maybe they should actually overspend a little bit more early in retirement when they're younger, more mobile, want to travel, and want to do more things."
Podcast Episodes You May Be Interested In
Retire Happy – Dr. Catherine Sanderson
Why Retirement is About Much More Than Money – Ted Kaufman & Bruce Hiland
Advice for Successful Career Women Transitioning to Retirement – Helen Dennis
Ways to Retire on Less – Harriet Edleson
The Future You – Brian David Johnson
Who Will Take Care of You When You Are Older? – Joy Loverde
The Gift of Gratitude - Glenn Fox
Giving thanks is probably on your mind this week if you're here in the US. And there's a lot to be grateful for. There's science behind gratitude and how it can enhance your health and well-being. Dr. Glenn Fox from the University of Southern California joins us to chat about the research on gratitude and how to apply it in your daily life. We also touch base on how gratitude plays a role in high performance and what he's learned from his work with entrepreneurs and Navy SEALS.
The Science of Gratitude
How gratitude is defined
The benefits of gratitude
What gets in the way of gratitude
Why gratitude is a positive emotion and also a skill
The practices he uses in his daily life to apply the research on gratitude
How to start a gratitude practice
How gratitude plays a role in high-performance among entrepreneurs
What to consider before becoming an entrepreneur
And...what he learned from being in Back to the Future 3 way back in the day
Glenn joins us from California.
Dr. Glenn Fox is a faculty member at the University of Southern California's Lloyd Greif Center for Entrepreneurial Studies, in the Marshall School of Business. His current projects focus on neural systems for emotion regulation, high stakes training, and developing entrepreneurial mindset skills in founders and business leaders.
Glenn received his Ph.D. in Neuroscience from USC, where he focused on the neural correlates of gratitude, empathy, and neuroplasticity. Following graduate school, he started a company, Ph.D. Insight L.L.C., which focused on providing data science consulting for small businesses and early-stage startups. Prior to joining Marshall as a faculty member, Glenn led the Performance Science Institute at USC where he worked with the United States Marine Corps, Army Research Laboratories, Seattle Seahawks, and numerous Olympic athletes and Fortune 500 companies to examine the role of mindset in business and high stakes pursuits.
Currently, Glenn is the Director and Founder of the USC Found Well Initiative which aims to understand and promote entrepreneurial mindset in founders and business leaders. He also serves as a Principal Investigator at the USC Sensorimotor Assessment and Rehabilitation Training in Virtual Reality Center (SMART-VR) and a fellow of the Brain and Creativity Institute.
Outside of USC, Glenn serves as the Chief Science Officer of the C4 Foundation, which serves to strengthen and protect Navy SEAL families. Glenn is also currently on the advisory board of the Flow Research Collective, where he works with Steven Kotler on projects related to gratitude, flow, and high performance. He consults regularly with companies and media outlets on topics ranging from small business management, gratitude, and high performance.
Glenn is an avid maker and restorer of things old and metal. He lives in LA with his wife and son.
For More on Dr. Glenn Fox
What Can the Brain Reveal About Gratitude?
Practicing Gratitude Can Have Profound Health Benefits
The C4 Foundation
Follow on Twitter @glennrfox
"Gratitude is a word we hear thrown around a lot, and I think that's a good thing. And we only begin to understand gratitude more. The more we begin to look for it. And as you start to look and observe gratitude, you realize that it's so much more than what people talk about. We hear the word gratitude, and we think about it as a synonym for happiness, a lot of the time, but this limits what I think gratitude really is - and what it really...
Retire happy - Dr. Catherine Sanderson
If you're planning for retirement, you're focusing on covering all your bases. But how about your happiness? When you're able to retire, will you be prepared to retire happy? Professor Catherine Sanderson joins us for a conversation about research from the field of positive psychology on happiness, and her practical recommendations on how to enhance your well-being.
How she become interested in positive psychology and in the study of happiness
How our Mindsets influence us
What predicts happiness
If Eyerores can become Tiggers
If money buys happiness
Why linking happiness to external events isn't wise
How we think about aging influences how we actually age
How she applies the research on optimism and happiness in her daily life
What gets in the way of happiness that we should avoid
Practical tips to enhance your happiness
Dr. Sanderson joins us from Amherst, Massachusetts.
Catherine A. Sanderson is the Poler Family Professor and chair of psychology at Amherst College.
She received a bachelor's degree in psychology, with a specialization in Health and Development, from Stanford University, and received both masters and doctoral degrees in psychology from Princeton University. Her research has received grant funding from the National Science Foundation and the National Institute of Health. Professor Sanderson has published over 25 journal articles and book chapters in addition to four college textbooks, middle school and high school health textbooks, as well as the Introduction to Psychology course for The Great Courses. In 2012, she was named one of the country's top 300 professors by the Princeton Review.
Professor Sanderson has written trade books on parenting as well as how mindset influences happiness, health, and even how long we live (The Positive Shift). Her latest trade book, published in North America as Why We Act: Turning Bystanders Into Moral Rebels (Harvard University Press) and internationally as The Bystander Effect: The Psychology of Courage and Inaction (HarperCollins), examines why good people so often stay silent or do nothing in the face of wrongdoing. For a preview of the topics addressed in this book, watch Catherine’s TEDx talk on the Psychology of Inaction, which describes the factors that contribute to inaction and provides strategies we all can use to help people act, even when those around them are not.
Professor Sanderson speaks regularly for public and corporate audiences on topics such as the science of happiness, the power of emotional intelligence, the art of aging well, and the psychology of courage and inaction. These talks have been featured in numerous mainstream media outlets, including The Washington Post, The Boston Globe, USA Today, The Atlantic, CNN, and CBS Sunday Morning with Jane Pauley. She also writes a weekly blog for Psychology Today - Norms Matter - that examines the power of social influence on virtually all aspects of our lives.
Catherine lives with her husband, Bart Hollander, and three children - Andrew, Robert, and Caroline - in Hadley, Massachusetts.
For More on Dr. Catherine Sanderson
The Positive Shift: Mastering Mindset to Improve Happiness, Health, and Longevity
One Day University:
The Science of Happiness
The Art of Aging
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On What Predicts Happiness
"So about 50% of our happiness seems to be built in - in terms of our genes. And this means that some people have a genetic predisposition to feeling happier.
Where Will You Live Next? - Ryam
There are many decisions to make in planning for retirement and a big one is where to live. Are you interested in a retirement community or plan to age in place? Will you move to be closer to family members or downsize to a place with the "livability" factors you want? What will be the right place for you? Ryan Frederick, the author of the new book Right Place, Right Time joins us to share his insights.
Why he chose to live in a retirement community in his 20s - and what he learned from that
Why Place is so important
How the pandemic is changing how people think about where we choose to live
A case study from his book and the lesson it highlights
The key factors (like livability) that make a place the right place for someone
The pros and cons to be aware of if you plan to age in place
How Design Thinking can help people choose the right place to live next
His advice for couples
His personal experience in moving his family to Austin.
The key trends shaping where - and how - we’ll be living in the future
Ryan joins us from Austin.
Ryan Frederick is the Founder & CEO of SmartLiving 360 and the author of the new book Right Place, Right Time: The Ultimate Guide to Choosing a Home for the Second Half of Life.
Ryan is focused on the intersection of healthy aging and the role of place, including housing. SmartLiving 360 helps institutions and individuals thrive in the Age of Longevity by providing consulting services, real estate development services, and consumer content.
Ryan is recognized as a national thought leader and innovator in the real estate development and healthcare services industries and is a keynote speaker, instructor, author, and blogger. His work and insights have been cited in Forbes, The Washington Post, and Environments for Aging, among other outlets. His real estate development in Rockville, MD, The Stories at Congressional Plaza, is an age-friendly apartment community that has attracted national attention. Mr. Frederick is a member of the National Advisory Board for the School of Nursing at Johns Hopkins University, a member of the AgingWell Hub, a collaborative of leading innovative providers in the field of aging led by Phillips, and has been appointed to the Advisory Council of the Bipartisan Policy Center Health and Housing Task Force. He is a 2018-2019 Encore Public Voices Fellow.
Mr. Frederick is a graduate of Princeton University and the Stanford Graduate School of Business.
For More on Ryan Frederick
Right Place, Right Time: The Ultimate Guide to Choosing a Home for the Second Half of Life
The University of Michigan Study on Purpose and Longevity mentioned on the podcast
On the Importance of the Right Place
"It makes it easier to be socially connected, be physically active, be financially secure for a longer life. And then it has a direct effect because in some cases you may be in a physical place that you might be emotionally connected to or not. Or you might have some physical limitations and you may find a place that may not be appropriate for you. So I think it's so important that Place should be on the same level as eating well, exercising, and financially planning for longevity. It's right up there as we think about planning for a longer life. And it starts with a vision of what you want your life to look like. And then how does Place help enable that to happen?"
On Happiness and Longevity
"When you look at the research of a longer life, and we don't hear this much in the media, but there's something called the U-shaped Happiness Curve based on pe...
The Retirement Roundtable
When you're learning something new, it's helpful to understand both theory and practice. Planning for retirement is no exception. What can we learn about life in retirement from those who planned well for retirement (and wrote excellent books about it) - and are now living it?
In this new installment of a series of panel discussions with our most popular previous guests, we're joined by Fritz Gilbert, Dr. Barbara O'Neill, and Mark Shaiken (you'll find their bios below).
Their lessons learned about life in retirement so far
How they're investing their time now versus their full-time working years
What do they know now that they wished they did then
What they learned about themselves by writing a book about retirement
The ingredients for a Good Life today
Their advice for pre-retirees who are planning for retirement now
Dr. Barbara O'Neill joins us from Florida, Fritz Gilbert from Georgia, and Mark Shaiken from Colorado.
Fritz Gilbert is the author of The Keys to a Successful Retirement. He retired after more than three decades in corporate America, where he progressed through the various levels of a multinational corporation serving the global aluminum industry. His award-winning blog “The Retirement Manifesto” is focused on people achieving a great retirement. Fritz and his wife, Jackie, live in a cabin in Blue Ridge, Georgia, an Appalachian Mountain town where they’re active in their local church and various local charities, including Jackie’s charity Freedom for Fido (FreedomForFido.com). When he’s not writing, Fritz enjoys spending his time outdoors and is an avid fly fisherman, mountain biker, hiker, camper, photographer, and fitness fanatic. He also cherishes his daily walks in the woods with their four dogs, who run the household. Fritz and Jackie also travel cross country in their RV to visit their daughter and her family in the Pacific Northwest.
The Keys To A Successful Retirement - Fritz Gilbert
The Soft Side of Retirement – Fritz Gilbert, The Retirement Manifesto
Barbara O’Neill, Ph.D, CFP®, CRPC®, AFC, CHC, CFEd, CFCS, CPFFE, is the author of Flipping the Switch: Your Guide to Happiness and Financial Security in Later Life.
As the owner/CEO of Money Talk: Financial Planning Seminars and Publications, Dr. Barbara O’Neill, CFP®, AFC®, CRPC®, writes, speaks, and reviews content about personal finance. A Distinguished Professor Emeritus at Rutgers University, after 41 years of service as a Rutgers Cooperative Extension educator and personal finance specialist, Dr. O’Neill has written over 160 articles for academic publications and received more than 35 national awards and over $1.2 million in grants to support her financial education programs and research.
Employed by Rutgers since 1978, she provided national leadership for the Cooperative Extension programs Investing For Your Future and Small Steps to Health and Wealth™ for over a decade. Part of her work time is bought out to provide personal finance training for military family service professionals (for the eXtension Military Families Learning Network) and for New Jersey financial educators as part of a state Department of Education contract.
She is also the author of two trade books, Saving On a Shoestring and Investing On A Shoestring, and co-author of Money Talk: A Financial Guide for Women.
She is a certified financial planner (CFP®), chartered retirement planning counselor (CRPC®), accredited financial counselor (AFC), certified housing counselor (CHC), and certified financial educator (CFEd). She also holds the CFCS (certified in family and consumer sciences) and CPFEE (certified personal and f...
Healthy Lifestyle Choices in Retirement - Glen Robison
Is it time to make the healthy lifestyle changes that perhaps you've been putting off? Our guest is Glen Robison, author of Healthy Dad, Sick Dad. The book's subtitle says it all: What Good Is Your Wealth If You Don't Have Your Health?
The story behind his two Dads - and what lessons he took from them
How your lifestyle choices affect your health
The most important lifestyle factors to zero in on
The biggest changes he's made personally
Yin and Yang foods - and how to achieve the optional balance
His go-to recommend resources
He joins us from Arizona.
In Healthy Dad, Sick Dad, Dr. Glen N. Robison shares his personal journey with two very similar fathers who ended up in drastically different retirements. Determined to understand why, Dr. Robison studied his healthy father’s lifestyle and emulated it for fifteen years, with dramatic improvements to his own health. Now, he shares the secrets of living toward a long, healthy life.
Dr. Glen N. Robison is Diplomate of the American Board of Multiple Specialties in Podiatry Board Certified in Primary Care in Podiatric Medicine. Dr. Robison is a Jin Shin Jyutsu practitioner and certified Myopractor, trained in releasing deep restrictions of motion in the body that resides at the root of our symptoms and ailments. Having applied the principles found in this book for over fifteen years, he has expanded his practice to include dietary approaches that address everything from fungal infections to diabetes.
On Adopting a Healthy Diet
"I think part of the challenge here, at least it appears to me, is that medicine today is about how a pill makes a quick fix. Work takes a little bit of a long time, but perhaps is more sustaining over a course of a lifetime. Right out of my residency, I was in my first year in practice, and I was on the go, go, go. I was trying to pay off the student loans. I was starting a family. I was trying to pay down the debt. And so I was running on willpower. I was running on adrenaline. And so I gravitated to the social things of life, the quick energy, high-sugary food type things. And over a course of time, it really started to take a toll on me. And so when I couldn't get out of bed and because of my back was hurting so bad and I realized, man, being young in practice, I didn't have any health insurance. Nothing. I was like, what am I doing? And so surgery wasn't an answer for me. I didn't want to get cut on. I know my sick dad had back surgery. I didn't want to follow down his road. So I was directed to my healthy dad. And I remember when he worked on me and he made a comment: Man, you're like a dang bag of potatoes. You're so stiff. In order to really fully get you to where you need to be, you're going to have to change what you eat. And that didn't make sense to me. I said I'm just here for my back. I just need to get my back fixed. But it took a couple of years of him talking to me and telling me that you really have to change what you eat."
On Emotions & Health
"I've learned how to engage my emotions to hold me in check, meaning that anger, grief, frustration, resentment, all these things, have a direct effect on our health. Grief and worry are directly related to diabetes. And so I could tell you a story right there that I've experienced, I had with worry and grief, that can elevate your blood sugars. And so I've been more attuned to the emotions and have learned to just be more trusting, be more forgiving, be more loving, and not take in these harsh, emotional elements that I've incorporated into my life."
For More on Dr. Glen Robison
Healthy Dad Sick Dad: What Good Is Your Wealth If You Don't Have Your...
The episode on getting fit after 50 was fantastic. Some great reminders and some great tips. Thanks!!
Hoping other episodes are better
sorry, but the one on ‘The anti-retirement movement’ was very shallow, unhelpful and cliché-ridden. it was essentially a parody of what super -successful people discover when they stop working (spoiler alert!): Family, Travel, and Making desserts out of your field of lemon trees. The words “budget “, finances “, and “cost “are never mentioned. after a nod to serving on some boards of charitable organizations, they get to what their retirement is really about: making oneself your first priority and ‘ investing in yourself “.
I wish this couple well, but their plan is not one that I desire in the least. The softball questions from the unskeptical interviewer facilitated these impressions.
More Than Finances!
Tons of books and articles and blogs and podcasts focus on the financial aspects of retirement
Joe Casey and his guests do a great job of fleshing out all the OTHER important aspects of retirement.