FM 012: The New Retirement – A Little-Known Path To Fulfillment with Ken Turek

Do you believe retirement starts at age 65? Do you think retirement is about playing endless rounds of golf, reading novels, and drinking a Mai Tai while lounging in a hammock on a tropical beach? I have news for you. The retirement game has completely changed. The old rules are so 1990. You need to understand the new retirement so you can plan accordingly. Future retirees are living longer and enjoying greater health much later in life. This reality has changed everything about retirement planning: * Pensions are no longer a reliable source of income forcing most people to self-fund through savings. * 30+ years of endless leisure is not how most people define a fulfilling life. * Few are willing to wait until age 65 to shift their career from maximum income to maximum fulfillment. * Most people desire greater personal connection with community and meaningful contribution once their career based network ends. Most people intuitively get that the retirement planning game has changed, but few understand what to do about it. * Should you “retire” at age 40, 50, or 65? * What should you do with your life after retirement? * How do you know when you are ready to retire – both financially and emotionally? * What does “retirement” really mean anyway? The truth is retirement is the biggest financial objective you must plan for. It dwarfs buying a house or saving for the kids college. Given that traditional retirement planning no longer works and the game has completely changed it only makes sense to bring your knowledge up to speed so that you can retire 10 or 20 years earlier than previously planned. In this episode you will discover: * How your needs and wants change as soon as you achieve your base-level financial freedom number. * A clear definition of what that financial freedom number is. * The myth that financial freedom equates to no longer working. * Why your financial freedom number is totally real and can't be faked or ignored. * The little-known emotional reality you should expect as you approach financial freedom. * The unexpected reason that life after financial freedom can be more difficult than before (you're not alone when it happens to you). * How to define the next step after financial freedom as the basis for happiness and fulfillment. * What you should do when money ceases to be your top priority for working. * The amazing story that bring new perspective to every remaining year in your life. * How to make discomfort a positive thing. * How the new retirement changes both your life plan and your financial plan. * The surprising reason you might just be happier earning a lot less income. * A simple plan to build financial independence without frugality. * The one equation no wealth builder can succeed without. * The 3 investment mistakes Ken reveals that you can easily avoid repeating. * How to manage your life for the ultimate deadline. * and much more…. Resources and Links Mentioned in this Session Include:

Om Podcasten

Todd Tresidder from the FinancialMentor.com blog reveals unconventional wealth building advice and advanced investment strategy tips. Discover the next step in retirement planning and personal finance from a former professional hedge fund manager turned financial coach and author. If you are tired of the same old “buy, hold, and pray” and worn out frugality tips then this show is for you. Each episode teaches financial freedom for smart people by revealing what works, what doesn’t, and why. Todd has walked the path to wealth himself and coached hundreds of clients just like you to prove out every principle taught – no ivory tower theories or worn out platitudes. He’s organized the entire wealth building process into a cohesive, step-by-step system complete with specific action steps so you can produce measurable results. This isn’t just another “get-rich-quick” or “get out of debt” show. This is about carefully engineering your finances to take charge of your life so you can live the adventure you always imagined life could be.