Ep.157 – Multiple Retirement Options to Choose
Did you know there was more than one retirement plan option you could consider?
Today, I want to explore the many options beyond the traditional retirement. Inspired by a recent conversation with a family reconsidering their retirement plans, I want to explain what a "hybrid retirement plan" is or could be.
Some important retirement factors to consider include the ability to leverage your skills for a more fulfilling, emotionally rewarding second career. Not to mention the financial benefits of not fully retiring.
There is a critical need for early and ongoing conversations about retirement thoughts and objectives to ensure a customized plan aligns with your unique circumstances.
Join me as we redefine what it means to retire and explore strategies to maintain flexibility, independence, and purpose in your next phase of life.
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And feel free to email Paul at pfenner@tammacapital.com with any feedback, questions, or ideas for future guests and topics.
ADDITIONAL RESOURCES YOU MAY LIKE
1 Big Idea to Think About
Retirement doesn't have to mean stopping work altogether; instead, it can be reimagined as a "hybrid retirement" where individuals continue to leverage their skills and pursue meaningful, fulfilling work.
1 Way You Can Apply This
Begin planning for a hybrid retirement by identifying potential second careers or part-time opportunities that align with your interests and skills. Start having conversations with a financial advisor or career coach to create a retirement plan that integrates both financial stability and personal fulfillment.
1 Question to Ask
What skills and passions could I continue to explore or develop in a hybrid retirement that would bring me fulfillment and a sense of purpose?
Key Moments From the Show
0:10 - 0:20: Introduction to the concept of multiple retirement options beyond the traditional model.
0:20 - 0:35: Explanation of what a "hybrid retirement plan" entails.
0:35 - 0:50: Discussion of the benefits of leveraging skills in retirement, including emotional and financial rewards.
0:50 - 1:05: The importance of early and ongoing conversations about retirement to align with unique personal circumstances.
1:05 - 1:20: Redefining retirement to maintain flexibility, independence, and purpose.
Resources Featured in This Episode:
Squeezing All The Juice Out Of Retirement
How A Hybrid Retirement Plan Work For You