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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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2688: Resisting Lifestyle Inflation by Lisa Harrison of Mad Money Monster on Hedonic Adaptation
2687: I Used To Be Afraid Of Money, But Things Have Changed by Liz Davidson of Frugalwoods
2686: Should You Give Money to Your Adult Children? by J.D. Roth of Get Rich Slowly on Financial Outpatient
2685: 3 Ways to Hack Your Financial Happiness by Chris Reining on Strategies for Fostering Genuine Contentment
2684: Should You Cancel Your Credit Card After Paying It Off by Kumiko of The Budget Mom on Frugality
2683: Two Huge Reasons Why Your Career Matters by ESI of ESI Money on How to Increase My Income
2682: When Does Caffeine Withdrawal Stop by Ana Gotter with Healthline on Should I Drink Coffee
2681: Should You Do a Debt Consolidation Loan? by James Lambridis of DebtMD on Financial Security
2679: 10 Money Questions Every Couple Must Answer by Christina Browning of Our Rich Journey
2678: [Part 2] Conquer 3 Critical Early Retirement Challenges by Redefining Retirement by Chris Mamula of Can I Retire Yet
2677: [Part 1] Conquer 3 Critical Early Retirement Challenges by Redefining Retirement by Chris Mamula of Can I Retire Yet
2676: Climb Out Of Massive Debt with These 10 Life Changing Steps by Andy Hill of Marriage Kids And Money
2675: The Goldilocks Zone of Personal Finance by Nick Maggiulli of Of Dollars and Data on Financial Security
2674: Stop Doing S*** You Hate by Isaac Morehouse on Strategic Life Choices & Personal Fulfillment
2673: 7 Ways To Make Money Instead Of Working A Full-Time Job by Courtney Luke of Arrest Your Debt
2672: 4 Reasons To Make Extra Money - It Changed My Life And It Can Change Yours Too! by Michelle Schroeder-Gardner
2671: What Are Mortgage Points (And Should You Buy Them)? by Jeff Rose of Good Financial Cents
2670: Break the Paycheck-to-Paycheck Cycle and Start Saving by Vicki Cook and Amy Blacklock of Women Who Money
2669: Roots v. Wings: Considering Home Ownership by JL Collins on Embracing the Flexibility of Renting
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