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Ready For Retirement

Monique aspired to retire early, and while she had faithfully saved throughout her working years, she wasn’t sure if she had enough to retire. After getting assurance from professionals, she took the plunge and quit working. Monique and James talk about the first two years of her retirement – how she’s been able to focus on her health and pursue some hobbies she didn’t have time for previously. Monique also shares some surprising challenges related to spending, travel, and family dynamics.
Questions answered:
What can retirees who are natural savers (and have more than enough) do to loosen the purse strings and spend more?
What does Monique wish she had done differently during her working years in preparation for retirement?
Submit your request to join James:
On the Ready For Retirement podcast: Apply Here
On a Retirement Makeover episode: Apply Here
Timestamps:
0:00 - Meet Monique
3:58 - 5 years before retiring
8:03 - Money impressions from childhood
10:47 - Transition to retirement
15:06 - Spending and travel challenges.
20:50 - Family pressure and self-awareness
25:51 - A spending exercise
32:19 - Better physical and mental health
35:53 - Persons and social changes
39:01 - Advice for younger self

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Разделы

1. Monique's Journey to Early Retirement (00:00:00)

2. Navigating Challenges in Retirement (00:11:44)

3. Retirement Reflections and Spending Strategies (00:26:09)

4. Retirement Transformed (00:32:55)

5. Planning for Retirement and Reinventing Yourself (00:41:01)