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Podcast #1,122: The Retirement Trap — Should You Really Stop Working at 65?

Podcast #1,122: The Retirement Trap — Should You Really Stop Working at 65?

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<p> <br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<p> <&sol;p>&NewLine;<p>The modern idea of retirement was built on a bet that turned out to be wrong&period; It assumed people would spend most of their lives working and only a relatively short period of time retired&period; Instead&comma; many Americans now reach 65 healthy&comma; active&comma; and with an entire third of their life ahead of them&period; Yet we’re still using a retirement model designed for a world in which old age was shorter and fewer people expected decades of life after leaving the workforce&period;<&sol;p>&NewLine;<p>My guest says that outdated assumption creates some unfortunate unintended consequences&period; It causes people to stress excessively about money&comma; postpone meaningful experiences with family and friends&comma; and sometimes sacrifice the very things that make life worth living in the first place&period; He argues that by rethinking retirement — not necessarily eliminating it&comma; but reimagining it — we can enjoy more of our lives now while actually feeling more secure about the future&period;<&sol;p>&NewLine;<p>His name is Derek Coburn&comma; and he’s a financial advisor and the author of <a href&equals;"https&colon;&sol;&sol;amzn&period;to&sol;3QESSMK"><em>Let’s Retire Retirement<&sol;em><&sol;a>&period; Today on the show&comma; Derek explains why the traditional retirement model came about&comma; why it may no longer make sense for many people&comma; and how working even a few years past 65 can dramatically change the math of retirement planning&period; We also discuss the surprising psychological challenges many people face after they stop working&comma; why purpose matters more than leisure&comma; and how thinking differently about retirement can free you up to spend more time on what matters most right now — whether that’s traveling&comma; strengthening your marriage&comma; or making the most of the limited summers you have left with your kids&period;<&sol;p>&NewLine;<h3><b>Connect With Derek Coburn<&sol;b><&sol;h3>&NewLine;<&sol;div>&NewLine;<p><br &sol;>&NewLine;<br &sol;><a href&equals;"https&colon;&sol;&sol;www&period;artofmanliness&period;com&sol;finance&sol;money&sol;podcast-1122-the-retirement-trap-should-you-really-stop-working-at-65&sol;">Source link <&sol;a><&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER --><&sol;p>&NewLine;

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