Retirement Rewirement: Why Most People Forget Why They Retired & How to Fix It w/ Bonnie Treichel (Episode 47)
Summary: In this episode of Wealth on the Move, host Will Hoffman engages with Bonnie Treichel, J.D., co-author of Your Retirement Sketchbook. They discuss the complexities of retirement planning, emphasizing the importance of visualization, the psychological shift required for retirement (termed ‘rewirement’), and the need for community and purpose in this new phase of life. The conversation also covers practical aspects like social security, the upcoming wave of retirements (Peak 65), and the often-overlooked topics of pets and digital footprints in retirement planning. The episode encourages proactive discussions about retirement and highlights the dynamic nature of financial planning.
Resources:
- Your Retirement Sketchbook at Barnes & Noble
- Your Retirement Sketchbook on Amazon
- Endeavor Retirement Website
- Connect with Bonnie on LinkedIn
Takeaways:
- Retirement can feel confusing and overwhelming for many people.
- Visualization is a powerful tool in understanding financial concepts.
- The concept of ‘rewirement’ emphasizes a mindset shift for retirement.
- Community, purpose, and recreation are essential for a fulfilling retirement.
- Retirement planning is not a one-time event but a dynamic process.
- Social security decisions can significantly impact retirement finances.
- The upcoming Peak 65 wave will see a large number of retirements.
- Pets can provide companionship and purpose in retirement.
- Planning for your digital footprint is increasingly important.
Connect with Will Hoffman:
- Hoffman Wealth Management
- (724) 522-5411
- will@hoffmanwealth.com
- LinkedIn: Will Hoffman
- Facebook: Hoffman Wealth Management
- YouTube: Hoffman Wealth Management
Disclosure: Bonnie Treichel and Endeavor Law are not affiliated with Hoffman Wealth Management and Private Advisor Group.
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