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Episode 2680:
Dive into the often-unspoken realities of retirement with insights from Janet Berry-Johnson at NewRetirement.com. This episode reveals the surprising challenges retirees face, from identity crises and depression to unexpected financial strains and the importance of finding new purposes. Discover the critical, yet often overlooked, aspects of preparing for a fulfilling retirement beyond the financials.
Read along with the original article(s) here: https://www.newretirement.com/retirement/5-things-no-one-tells-you-about-retirement-that-you-need-to-know/
Quotes to ponder:
"Depression is common for many people, their identities have become wrapped up in what they do for a living. When their careers end, depression can become an issue."
"Most people report being happier than ever before - a majority of retirees (93%) feel their life is as good or better than it was before they retired."
Episode references:
"Work Longer, Live Healthier: The relationship between economic Activity, Health and Government Policy" from the Institute of Economic Affairs: https://iea.org.uk/in-the-media/press-release/retirement-causes-a-major-decline-in-physical-and-mental-health-new-resea
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2531: The Seven Deadly Sins of Investing by J Money of Budgets Are Sexy on Investment Strategies
2530: Effort Alone Isn't Enough by David Cain of Raptitude on Identity Changes
2529: Who Feels Rich Really? by Nick Maggiulli of Of Dollars and Data on Money Perspective
2528: 5 Reasons You Need To Track Your Net Worth To Build Wealth by Lisa Harrison of Mad Money Monster
2527: How Gratitude Improves Your Financial Wellness (and Health Too): Happy Thanksgiving! by Kathleen Coxwell of New Retirement
2526: [Part 2] 5 Ways to Organize Your Life and Save Money by Emily Guy Birken of PT Money on Creating Money-Saving Systems
2525: [Part 1] 5 Ways to Organize Your Life and Save Money by Emily Guy Birken of PT Money on Creating Money-Saving Systems
2524: How to Be Frugal And Live a Good Life by Tynan on Making Mindful Spending Decisions
2523: 5 Major Money Mistakes I've Made And How You Can Avoid Them by Andy Hill of Marriage Kids and Money
2522: How To Teach Your Kids To Be Entrepreneurs by Kalen Bruce of Freedom Sprout on Building Early Business Mindset
2521: 3 Practical Tips For Living On A Budget by Courtney Luke of Arrest Your Debt on How to Live Within Your Means
2520: Trading Time For Money by J.D. Roth of Get Rich Slowly on How Money Affects Your Life
2519: When is the Best Time to Start Investing? by Enero Febrero with Len Penzo on Good Financial Decisions
2518: I Looked Before I Leapt: How I Spent the Last 4 1/2 Years Getting Ready to Quit My Job and Travel the World by Julie B. Rose
2517: 6 Ways to Pay Off Debt When You Have No Money by Christina Browning of Our Rich Journey
2516: How to Stop Living Paycheck to Paycheck and Start Making Progress by Jackie Beck on Getting Your Finances in Order
2515: Investing, Reduced to Its Core by Paula Pant of Afford Anything on Creating Extra Income Streams
2514: 5 Health Tips for Entrepreneurs by Laure Carter on Healthy Life Choices for Busy People
2513: How We Began to Slash Our Budget by Amanda Brownlow of Hello Brownlow on How to Lower Your Bills
2512: Can Being Grateful Actually Make You Wealthier? by Kelley Long of Financial Finesse on How Your Attitude Affects Your Wealth
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