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Top Tips to Sleep Better in Retirement

as we age our sleep patterns change and it can become increasingly harder to get a better night's sleep and consistent poor sleep leads to pretty bad Health you can have bad mood swings poor emotional well-being kind of being cranky when you don't sleep what no no no not me you you're the one who gets up cranky when you don't sleep really I think so huh is that you or is it me I'm not sure all right getting good night's sleep is freaking important how about that as a matter of fact chronic sleep deprivation is linked to diabetes obesity cardiovascular disease and immune dysfunction and sometimes you can't get good sleep because your neighbor is using a chainsaw in the middle of the afternoon when I want to take a nap so I'm sorry about the noise but we couldn't help that but that can definitely affect your sleep so finding ways to improve your sleep is so critical to a longer and healthier life and what we want to do today is give you ways to get better and improve your overall sense of well-being you know I know it can be a struggle at times and and maybe it's it's that your spouse or partner is snoring what keeping you awake come on or you have a dog that sleeps in your bed that we have and that could be a problem Max is not a problem a problem Max my snoring's not a problem yours is and Max is definitely a problem but whatever it is you know it's it's good to keep a pulse on how you slept not just how long you were in bed right now for me I don't know why but I've always been an early riser since a very young boy yeah and it's unusual for me to sleep past 5 a.m and recently for whatever reason I'm getting up at 3 30.

Now I can typically go back to bed for an hour or so but sometimes I'm up at 3 30 or 4 for the day and that does wear them it does it does during our first four years of retirement we worked really hard to find ways to get into a good rhythm of sleep and you know we're finally starting to have some good success but it has taken a while and at the end of this video so please stay to the end we're going to share with you our sleep routines that you don't have to copy them but there's parts of it that you might find helpful because it's so much different than when we were working and these new routines that we've implemented are really giving us a good night's sleep so let's dive deep on why sleep is so important and the first thing is particularly as you age I think yeah yeah but it's important to babies too I mean I just think sleep is important just to all okay well let's address baby sleep today so anyway the first reason is poor sleep definitely affects your physical health yeah you covered that a little bit in the beginning right and it might sound obvious but people that have poor sleep habits just accept it and they have no idea the damage it might be doing to their body to their relationships and to their their overall health yeah so you can't just say well I only get six hours of sleep a night and I feel crappy all day well I haven't gotta fix it I have a lot of friends that just say I'm not a good sleeper and they just kind of write it off and they think that's just the way it has to be and it doesn't but as you age we become more vulnerable to certain types of illness and adequate 's immune system your hormone regulation and your cardiovascular health so make it a priority yeah the other thing poor sleep does it affects our cognitive health I love that word cognitive Health cognitive health help the word cognitive you were saying cognitive help help okay good sleep is essential for us to keep our memory intact our ability to think clearly and if we have poor sleep it's gonna increase our chances of developing cognitive decline and dementia and my mom had dementia so this is really important to me to make sure I get good sleep you know so poor sleep can also the third thing is really affect your emotional health you know I know that I feel completely different mentally depending on the quality of sleep that I get right I can tell when I wake up if I've been kept awake all night by someone snoring and the last thing is pores what why do you just always try to slide that in I I snore a little bit but I've never heard a recording tonight you can record me okay and then you can play it on the next video sounds good but poor sleep also affects our safety think about driving a car you know as we age and I'm noticing this now our reflexes slow down I can't back up in a car like I used to when I was 18 years old really no I gotta I got we have mirrors and cameras now and all that but you put poor sleep on top of reflexes slowing down and that can have disastrous results so if we've convinced you that sleep is important to focus on let's talk about some of the reasons why it's harder to get good sleep as we age and the first thing is as we age our cardiac Rhythm changes circadian rhythm oh circadian rhythm yeah and it's so funny because I was about to say I love this new word circadian is that what shows on our Aura ring or the Rhythm clock yeah it's not a cardiac Rhythm oh although it does track our cardiac it does at night but our circadian rhythm changes and that's the built-in process that regulates our hunger our energy levels and our sleep that we figured out through our research and you know as as it changes it can get heart you can make it harder to fall asleep at night and make it harder to wake up in the morning so circadian rhythm so write that down I don't have to write that one down even I have to yeah the second thing is as we age our hormone levels change you mentioned that earlier but it is important to mention it again because our body you know as our as our bodies age they're going to produce lower levels of melatonin there's another big word to write down this happens to me so I take Natural melatonin supplements and this helps me fall asleep easier and sleep more soundly but it sounds like I need more maybe maybe I don't know you're sleeping soundly you're just noisy when you do it okay we found out by visiting with our naturopath doctor and she's helped us out with all of that sleep natural supplements and so we definitely recommend that but the other thing if you're having poor sleep check with your doctor on your medications on your actual prescription medications from your doctor because they can affect your sleep yeah there's common prescriptions that you might be taking like antidepressants or diuretics all of that can interfere with your sleep so you have to find out the other thing that can can play a big role in your sleep is your lifestyle you know your stress levels your alcohol intake you know when you eat your big meals and really your lack of physical activity can all affect your sleep so let's stay with this for a second because on our aura rings the tracks our sleep among other things if I have a glass of wine and steak I'm gonna have crappy sleep yeah we track it every time yeah if I if we can go three or four nights in a row with a light dinner of a salad and some protein and no alcohol I sleep like a baby right we put a late dinner in there uh a steak meat heavy and a glass of wine or two I'm screwed it's just not gonna happen that's true so that's true anyway all of that does affect your sleep and you did you mention physical activity I did okay I did yeah and you know you should check with your doctor you know you may have a sleep disorder that needs some attention sleep apnea restless leg syndrome or even insomnia is you know something that that can arise later in life the thing is we need to do what we can to improve our sleep okay why don't we share how much sleep we need do you know well I think it's a personal thing I think some people can survive on Little While others survive on nine hours I know when my twins were born and I had a 20 month old I think I was surviving on four or five hours of sleep and that was probably a stretch well it's true um and there are you know you can research this online but the national sleep Foundation states that most people over the age of 65 you're not there yet I'm 66 on Saturday by the way that's right did we want to do a birthday video maybe okay um we need seven to eight hours of sleep each night now like Jody said some people can say oh I'm okay with sex but imagine how great they'd feel if they did seven or eight so that that's my argument to people like that so we I need to find somehow a minimum of seven hours of sleep a night getting up at 3 30 makes it hard but we we work on it yeah but you know what we do we try to get a good night's sleep by sticking to a schedule or at least we try to stick to a schedule you know we both try to be asleep by 10 you get up at five I get up at six and that pretty much regulates you know our sleep where we can get deep sleep REM sleep light sleep and have a little bit of wait time through that well the thing is again I keep talking about the aura ring but we we love the aura ring I get a notification on my phone depending upon how much sleep I got the night before right that now you know between you're your best time to go to sleep tonight between 8 30 and 9 and I love that notification because I go in early you too you love it when it says anytime before 10 that's for sure when we are alone in the house we don't have visitors this is pretty much what we do five nights a week six nights a week if we're not going out with anyone this is what we do when there's company or kids it's going to be different and we can stay up till one in the morning now we feel crappy the next day but we can do it so the first thing we do is we try to regulate our time in bed and the second thing is we try to have our dinner done by seven right and that's a big change for US Post retirement I would say pre-retirement if we started dinner at 7 30 that was early yeah we we try to stay that 6 30 yeah and done by seven like you said yeah and dinners are lighter for us and after dinner we'll watch TV for an hour 7 30 to 8 30.

And that's it well then yeah we don't walk Max and yeah but we don't spend a lot of time on TV tonight because you don't want to do that to stimulate your brain but I'll always take a hot shower I I sometimes jump in the bath sometimes you take a bath we'll read before we go to sleep I read in a chair I don't read in bed right but this gets us relaxed before we get into bed you know we take measures also to make sure our room is comfortable you know the room needs to be dark and the room needs to be 68 degrees or colder right and you know oddly enough you know that mattress and pillows that you've had for the past 25 years you might want to take a pulse check and see if you need to redo those because a great mattress and the right pillows makes a difference we recently got um the sound machine so we have a sound machine in a room but the funny thing is I also wear earplugs because I don't want to hear you snoring and Max making his noise but if I have earplugs I can't hear the sound machine well I don't understand why I have a sound machine hmm all right I'll have to figure that out yeah but we also try very hard to avoid our phones 30 minutes before going to sleep just don't do it because it's going to get your brain stimulated right I'm a side sleeper on my right side pillow between my legs and I'm out yeah and I'm a back sleeper for some reason I think my grandmother once told me to sleep on my back because that's not helping but most nights this routine sets us up for a good night's sleep and you know the things that we have found that we have tagged that definitely affect our sleep our caffeine and alcohol for sure eating late eating red meat and watching TV especially over stimulated TV late at night we're always researching new ways to improve our sleep I actually recently started wearing a mask an eye mask I meant to bring it to as a prop does anyone get it no okay I wear a mask I've been doing it for about a month and it does make a difference you know and we both meditate right so using headspace or calm you know great apps apps we use those and sometimes if we're both having a hard time falling asleep if we've just had one of those days where we can't slow it down we'll actually play out loud on one of our phones a sleep story which is very interesting and we can hear it all the way yeah now we notice a difference in who we are and how we show up with each other if we have great sleep yeah right we're definitely happier more energetic and more fun with each other Did we tell you we have aura rings these aura rings are great it's something to look at it measures our Sleep Quality and it's also the first thing that we check in the mornings we see how we did you know if you're struggling with sleep try some of these tips that we're doing and drop some notes in the comments below if anything else you can think of to help us in this community get better sleep now if you like this video you're going to love this next one seven types of rest because it's not just sleep that helps you get rested we talk about other kinds of rest like mental rest creative rest social rest and more so watch this next video

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Live your Best Life with the Best Retirement Advice You’ll Ever Get!!

we've been researching and living retirement for about 5 years now and we learned a lot about what works and quite frankly what doesn't work and we you know coached a lot of people and we get a lot of comments on our YouTube channel so there's a lot of people who enter this phase really unprepared and then they just wander around and end up bored and even depressed you know without the right strategies you're missing out on the joys and opportunities that retirement can offer to you so today we're going to give you the top 20 pieces of advice from ourselves but also from so many of our clients who are having a really great time in retirement that they describe as super successful and make sure you stay till the end because we're also going to throw in our top five retirement tips can't wait to get to that yeah exactly listen if you're new here I'm jod and this is my husband Mark now we don't focus on the financial aspects of retirement but really what we do focus on is lifestyle Health relation relationships and so much more we hope you like our videos and if you do please share them with someone you care about and definitely like them as you're on your way down your retirement Journey so let's talk a little bit about our journey for the last 5 years because we don't want you all to think just because we have a YouTube channel that we have it all figured out we do in many regards but I I would say the the one thing that we're doing really well is working at it we do yeah I would say that we work at it every day almost to the point where sometimes you know how you work at something so long that sometimes you're like okay I'm going to take a pause on this every once in a while I'll have to call the pause yeah and and I don't want to give away our five tips but the one thing that you and I have going for us well there's really 10 things but I only want to focus on one now is our communication yeah you know we don't always agree nor do we always get along well we always communicate yeah you know we really do give each other respect the space to have an opinion um and you know we're human beings and living together can have its challenges absolutely but we I think the big thing for us is experimenting we don't always agree we don't always get along but we always reset and regroup and what's what else am I looking to say well sometimes I think we also just do what I said just take a pause right I mean sometimes you have to just kind of step away to go back at it with fresh eyes yeah so you know we keep we do keep track of what's working and what isn't working for us and you know what worked for us for all the years that we were married that we were working may not work for us now so we've had to adapt a few things for sure you know when we were working it was I'm not going to say it was easier but there was so much going on there really was no downtime right now we have downtime and we need to make sure we're we're doing it the right way y so you might be wondering why do you even need to think this Harden retirement well we have people say that to us all the time you know you guys make it sound like it's so much work in retirement that's when you're supposed to have no work right well what we found out is our retirement other people's retirements are successful and they're happy because they spend a little bit of time working on things right now by the way we've got a whole bunch of free downloads but we're going to put a link below to one it's a health and wellness checklist we want you to get that download and use that to kind of reset your health in retirement that's really really important so let's jump into some of the best retirement advice we've heard from RE reies thus far and again stay till the end where we'll do our top five retirement tips okay first thing stay active first thing always what staying active it is it's one of our first things we always say I can't emphasize this enough now we have a new puppy who is in the background is he eating something well just a dresser no he's eating a knob on a dresser maybe you should grab him but staying active it's her uh yeah it's a her so we'll bring her up um you get to see Ruby this but uh staying Physically Active it boosts your mood it boosts your health you know walking walking walking our dog is always helpful but we're both pretty big fans of some regular type of exercise Absolut and you need to do that yep yep and you know we read a great book called outlived by Dr Peter ATA and he talks a lot about exercising being the best medicine for longevity okay you can't lick the microphone all right second thing nutrition you've really got to understand what it is that you put into your mouth you know my mom said that when I was a kid but as we get older you know there are changing nutritional needs that we need to be aware of and you got to have a good balance of fruits vegetables lean proteins and whole grains absolutely and you know you have to also stay hydrated you know you have to limit your intake of sugary or processed foods and definitely make sure that you're Consulting a nutritionist I think or a dietitian even of sorts and make it fun in the kitchen you know explore some new recipes or Cuisines to keep your meals exciting and nutritious yeah you do good with that because you're really our cook I'm really appetizers Ambiance and clean up well we've moved from Strictly meat and potatoes and gravies I I call it comfort food to more of a Mediterranean diet so we don't do much beef we do a lot of chicken we do a lot of fish having fish tonight right um a lot of vegetables and we feel better because of that the exercise and nutrition really makes us feel great absolutely so the next thing is really to just you know our retirees tell us all the time you know continuous and constant learning keeps our brains active and really keeps us sharp and keeps us young yeah and you know retirement offers you the freedom to explore new hobbies or skills or go to the library when was the last time you're in a library you know it's amazing to walk I love walking through bookstores but walk through a library is even more fun because it just massive and there's so many different sections you can get lost in there forever right and you know I think that uh local community centers like uh got down here in Florida they've got all of these nature preserves they just kind of fun to go walks Serenity walks and different things another thing that's really important and the fourth tip today is socializing you really got to make sure you're getting out and making new connections there are a lot of people in the same boat that you're in right that want to meet new people down here in Florida we're just really getting so much better at putting ourselves out there Y where you can volunteer join a club um I and it's not that hard you know I think we make socialization as we age a lot harder than it really needs to be it's like almost like we build up these walls around how am I going to get invited or who am I going to know or what am I going to say and you know really it's just a matter of putting yourself out there and being you I mean you you are very interesting and what we always tell our kids is it's important to be both interesting when you're socializing and interested so you know have your battery of questions kind of lined up that you're going to you know say to people when you're in Social settings a lot a lot of it is easier than you think so that's all about meeting new people and networking so to speak uh the other thing the fifth tip is nurturing your current relationships we get that a lot from our retirees what's that that need to do this once they are retire I mean whether it's your children or your old colleagues at work or your relatives or high school friends or college friends these are people that at one point in your life were probably pretty close to you will reach out and find out what they're doing look for them on Facebook or whatever but don't be afraid they're probably wondering if they're retired as well gosh I I wonder where my high school friends are and when you call them I guarantee you they're going to be like oh my gosh I can't believe it just called and you have the most wonderful conversation so I also think that in the nurturing relationship bucket Mark I I also think it's a time where you can really sit back and address any unresolved conflicts that you might have whether that's with family or old friends or you know old neighbors or colleagues you know it's a good time to be able to address all of that for sure okay um staying financially Savvy lot of the lot of our clients and ourselves and people leave comments that you know how much money can I spend spend should I downsize or rent when should I take Social Security or my pension you know we have a great tool that we um came in contact with through new retirement and it's actually a um a portal where you can connect all your bank accounts and it actually pulls everything and it shows how much you're spending it shows you what might happen if you downst it's a really cool too it's it's like a scenario plan yeah so we'll put that down below but these are all questions that people have you need to get the answers so either a financial planner or um your accountant or using this tool but you know having a regular budget can be helpful because you kind of know how much you can spend right um I think the other thing that we see a lot of because we get it all the time too is being really careful about scams oh I know you know this thing where people call up and say that uh it's it's an email and or they'll say is this Mark Rollins and you say yes and then they have your yes there so there's a lot of those things that are happening good financial adviser and really understanding your finances is really important okay the next thing I would say and and I didn't do this as much during my career but I've really taken this on um and with some advice from our retirees is prioritizing your mental health your mental health and wellness is so important it's critical and almost as crucial as your physical health right uhoh Ruby's getting adventurous Ruby's getting out of hand um you know meditation I talk about meditation a lot lot I talk about journeying a lot and you know five five or six years ago I started meditating and if you asked me the day before I was meditating would I ever do it I would I would have said no yeah but it really is a lifesaver now it really helps me every morning to kind of get myself set for the day journaling gets my ideas and my feelings out on a piece of paper it really has helped me tremendously be more calm and in the moment for whatever comes our way absolutely and you know what I I remember you and I remember you the day before you started and and you really that's a true statement you never would have done it if if you didn't you know kind of feel like you had to do it at that point okay the next thing I would say is um you know our retirees these days are really embracing technology you know it offers a great tool to stay connected and informed and even entertained and then there's you know the platforms like Zoom or Skype that allow you to do virtual meetups with family family members we just yesterday gave our grandson Luca his fifth birthday present oh yeah via Zoom they're in California they're in California and we're here in Florida and we had the present all set it was all ready you know we had it all kind of concealed his eyes were covered and um that was really the only way we were able to celebrate so I think it was good that we were able to do that and they're able to do it you know back with us I mean I think Luka could zoom or Skype us probably without his parents well on the way to school a lot in the morning uh Jonathan will give Luca his phone and luuka and I will have a conversation on the way to school which is fun so there's um there's a lot you can do with technology and I I find that when people are struggling with technology they're struggling with life so really investing some time and learning how to use your phone right learning how to use your computer it really is important I think the next you know the next thing our retirees tell us is you know you know travel and explore you know traveling provides such EXP exposure to new cultures you know I know we've got a safari coming up at the end of next year we're both a little nervous about um but new cultures new foods new experiences and even some local trips some stations but going to the next town over I know I had a hard time saying that the other day but the next town over can be really fun and it keeps you busy so you can plan a trip you can research trips we we've we've now seen recently there's a lot of travel agents that specialize in trips for solo not solos solo retirees or solo people individual people so you go on a vacation with 10 people who are all there on their own right and you know the travel agent does a pretty good job we hear of making sure that you're all the same um you know you're you're going to the same place for the same reason and that you'll pretty much get along so that's great so more advice from our um retirees that we've been kind of investigating and calculating this is always a favorite re-evaluate your living situation and you know what I mean by that is you know consider your proximity to you know family to friends to Health Care Facilities to your doctors to your favorite recreational areas you know re-evaluate if where you are here today is where you really want to be or need to be as you move through your retirement yeah I think that's really important because there are so many options for you today to live and again it's not just about downsizing which I think we're going to talk about in a minute but it's really where do you live and how are you living we we always talk about wanting to end up as we get older being there one of our kids and we have six it's just hard but they haven't really we're not necessarily on the same page on this one what do you mean well I mean I think it would be great but I like who do you pick how do you pick what do you do I I'm not going to say it on here but I know who I'm going to pick okay I want to be taken care of okay I know who she is oops did I say that okay so the the next thing is downsizing or rightsizing your home so this has Financial connotations but it also has a tremendous amount of um psychological stumbling blocks that you need to get over in order to even think about downsizing and the first place to start instead of just saying I don't want to talk about it with your partner you have to talk about it I think that's really the first thing we have a lot of people who are frustrated with this topic because they're spouse or partner don't want to talk about it well well the retirees that we spoke to for this video said you know this is a scary and dangerous topic right downsizing you know decluttering is a little bit easier than downsizing downsizing means you're thinking of making a big move right and if you're both not on the same page it becomes divisive so you know the retirees uh that we talked to said this is good advice to start to bring up early in your retirement really planning the seeds you know where do you stand on on this you know is simplifying something that's going to lead to less stress or are you the house that everyone comes to and and we've done and that's fine too we've done uh several videos on this topic of downsizing there's another one that says if downsizing isn't right for you some things that you can do really the process here is to simplify your life you're now in a phase of your life where you've got more free time you can travel so will Trading houses up or down make your life simple right so right and it's you know it's a therapeutic process and speaking of a therapeutic process the next thing that everyone says helps them so much is beginning the process of decluttering right and that oh my gosh we we try to declutter all the time it gives you mental Clarity it makes your home safer and there's so many emotional but what's so funny I'm laughing because if we try to declutter all the time where's the Clutter coming from I don't well yeah the first thing is to stop buying stuff right yeah exactly because you know take the Amazon app off of your phone because you know when you declutter you know and then you declutter again and again you got to start saying to yourself where is it all coming from well I I mean you can start with a closet you can start with a dresser and you know there's a lot of gems inside your closet and your dresser that other people can use if you're not using I mean if you're not if you haven't worn a c outfit for 2 years get rid of it yeah you're never going to wear it again the other thing is when you when you take a look at an item in your closet if you wouldn't buy that new today get rid of it right you know so you know you don't need your suits anymore your work clothes if you've retired so decluttering can really be fun we did we've done a lot of videos on that too you know this next um item a lot of our retirees really felt uh strongly about and and that is to document your legacy you know sharing your life stories is such a gift to all the future Generations in your world you know writing or recording or even creating digital albums you know can be great methods of documenting your legacy and this is the one thread I think that I heard that just everyone spoke about with passion there's a good friend of mine um who is a a grandmother she's got three children and five grand grandchilden and she writes a letter I think she writes two letters a year to each grandchild every year she's been doing that since the kids were born and she's telling them stories she's sharing with them a little bit about her um her preferences or political background uh you know how she feels about certain current events that are going on right now it's really going to be an amazing gift to give to these kids to be able to have a letter from their grandma mother from 20 years ago about some current event that was happening and how it's making her feel so it really is a neat project that she's done yep well you just saw Ruby or maybe you did but adopting a pet you know it gives this is controversial with retirees actually okay you know because and I didn't mean to interrupt you I know I'm going to get hit with comments on stop interrupting it's typically me that interrupts you that's what the comments say but um you know adopting a pet or rescuing a pet or somehow putting that type of love and companionship into your life gives you so much the flip side and I guess where I'd say it becomes controversial is you have to be you know ready for it you have to have you know the financial wherewithal to handle it you have to have the bandwidth to handle the training the potty training the dog walking you have to have good physical activity and if you don't it's going to help you get there but you have to be ready for it and this one just kind of was like uh probably 7 25 a was interesting for us though we've had two dogs together before we had sugar um and we had little Max and we just got the dogs and we just brought them up the way we wanted to well because we were working we were still so now we have Ruby for three days and I said to jod why don't we do this differently why don't we find some YouTube channels and learn how to really train a dog well it's actually been really exciting for us because we're learning some things we never knew right and I think it's been really helpful for us and for little Ruby and for rucious yeah so having a Pet's great it well it's works for us and again it was kind of a controversial well there is a lot of love that comes back yep and there's just a lot of anxiety that comes with the love so all right the 15th tip you could join a club or start a club right so coffee uh with uh so for a man get one buddy have coffee once once a week bringing have him bring a guest and you bring a guest get up to like 10 people and have weekly coffee tell stories I I do that all the time and I love it so it's it's a really fun way to well let me say this it's important Jody and I have a business we're married we have kids we do a lot together but we do a fair amount apart too so I think that for everyone in retirement if you're solo you're solo but if you're a couple you got to have your own stuff yeah you got to have your own club you got to have your own group yep um you know the next thing is to seek out mentorship opportunities you know um again our retirees had a wealth of professional and life experiences and there's so much that they could share with younger Generations that they would engage in really meaningful guided conversations that helped build multigenerational connections for them and again they got pretty charged up about seek seeking out these opportunities you know Mark and I did that at the University of Hartford in one of the business classes where we kind of did a guest professorship for a day and then we actually took applications for um for students to mentor and it was a really fun year for us well the thing there's a couple things that happen first of all you're helping someone else but you feel fulfilled you know you feel like you have a sense of purpose uh by guiding others and the other thing is I'm going to go guide is get getting mentored by someone who's younger than you I mean I have two mentors we kind of Mentor each other one is my son and one is another young professional that I know but but I actually can learn a lot from them they have a different outlook on business they have a different outlook on life and it really has been helpful to me for sure so that that's been fun yeah it has sorry I had to step away um this was I thought an interesting one and this came from a a a pocket of our um friends and retirees that wanted to engage in artistic Pursuits um I would put myself in this area I haven't done it yet but exploring different art forums and painting and pottery you know our neighbor across the street Jen she does that every year whenever she gets down to Florida she joins last last year was Pottery this year it's painting drawing it's drawing drawing she joins um art classes and workshops and goes to the local community center and she loves it and that's something I think I would like to do cuz I don't do much for my artistic side but it gives you also um uh Arts a form of expression and emotional release and if you're into that at all it really is kind of fun to do that I mean this in a way what we're doing is Artistic Pursuits I mean we're shooting video and we're you know um you know building a little business but it it's uh it's fun I would I wouldn't say it's a hobby but we've had to learn so much so it's been kind of cool y on the other thing and we just did a Facebook live on this yesterday is um staying updated with current events you know we we did a a Facebook live yesterday in our in our community uh do you consume the news or is the news consuming you right so really finding a way to get good solid news we think is important I mean trying to find reputable news sources or magazines is really helpful versus getting caught up in what everyone calls the fake news if you will but you know uh get involved with Community discussions or forums talk to friends don't be so judgmental when someone has a certain opinion on a news article but really finding a balance there because it is important to stay up to date it is I believe it really is important to stay up to date but like you said it's also can be all consuming we do have some retirees that watch the news Chann channels and you can watch the news channels now 24 hours a day so uh we do have some folks that are doing that which isn't probably the healthiest the next one is well before you do that one of the what's that I interrupted you I get a good comment um we stepped away we have stepped away from watching the news in a in a big way so we'll watch the evening news for I don't know 35 minutes we watch some things on um well Evan your daughter told us to watch NPR well listen that's a podcast it's a podcast so we we we get some news that way but um staying informed about local events or Community changes we kind of stepped away from that we jumped back in you found out about this great concert taking place and then you signed up for it and it was full yeah I mean literally the day I saw it which means it probably was out there before yeah so I think the whole idea of current events is really important things happening in your community so I didn't mean to interrupt you but I didn't want to forget that okay I think the next thing that we heard a lot about from everybody was planning regular family events or Gatherings you know now you have the time to organize events and birthdays and anniversaries and really start to create traditional Traditions like annual family picnics or you know um different things you could do with grandchildren either in groups or select one at a time I mean that's really something fun that you can um really jump into I think yeah we have Thanksgiving um in Florida this Thanksgiving couple weeks couple weeks and we've got five of our six kids coming with their partners and um the grandkids are not going to make it but we can't wait for that and we make it special and we make it a lot of fun and they all have their favorite food here and little gifts and we take a lot of pictures so that we can have really good memories for um for the future um you know investing in self-care is really really important a lot of people don't take time to do that you what it shouldn't have been number 20 it shouldn't have been last no it shouldn't it really shouldn't because now is the time you can dedicate for relaxation and meditation and deep breathing and different things like that if you can afford to get a massage once in a while um you know do yoga on the beach you got to get your health checkups I I know I um I think we'll leave a link below we have a a free yeah Health checkup worksheet is really great so you can download that we'll put that in the comments below but you know you want to engage in activities that stimulate your mind puzzles games right you have to get adequate sleep and rest we have the aura ring so we track our sleep the first thing we talk about in the morning is well just how you do what are your numbers you guys have been patient our top five retirement tips number one you have to have a plan y you need a short long-term plan you need 5 10 15 20 years or more out you know my my plan is to be physically independent at the age of 90 you You' heard me say that before so that is what drives me to get up and exercise every single day and we start each day with a plan that's a good segue to the second big tip exercise exercise exercise exercise exercise it's the number one thing that we can do for ourselves to be healthy and if you're not exercising now keep it simple walk out the front door walk 10 minutes one way and come back and do that for 5 days and then go 15 minutes and then do 20 minutes for a week so you got to do that the third top tip is you've got to build a community of people you've whether it's your family you reach out to whether it's Friends new friends neighbors re-engaging with old work friends number three is you've got to build community and the fourth tip would be healthy habits really review your habits you know think about can you limit your alcohol can you stop any bad habits I mean you stopped cigar smoking you pretty much eliminated chocolate chip cookies pretty much eliminated what do you mean pretty much you bought them yesterday and I haven't had one yet and you're going to throw them out I'm having them and you know keeping ahead of better nutrition you know eliminating your bad foods and making sure you're eating what makes you feel good I was thinking about this this morning healthy habits or food alcohol whatever it is I drink very little now so if you can try going for two weeks let's just say two weeks no alcohol uh change your nutritions try to eat healthy try to get good sleep it's amazing how much sleep you can get when you don't have any alcohol yes try it for two weeks see how you feel just see if you feel any different because that's what's happened to me if I have a glass of wine I feel like crap the next day I've gotten so used to not having one glass yeah yeah but but anyway all right the the fifth thing is to give back you know volunteer start or get a dog Ruby really like that one volunteer or start a company you know during our career we got fulfillment out of our job but volunteering is a great way to replace that right um and if you're married in a relationship have fun have fun with each other look how much fun we're having and doing this right sorry about flexible with each other you know she's brand new we run into trouble here at times together as a couple but try to find ways to have fun yes some of this was ser ious and it can affect your quality of life and other things are just downright important but all of it is to make this next phase of Life exciting and fun so we hope you enjoyed this and if you did this next video top tips for living longer in retirement on that video we talk not only about living longer but almost as important as living healthier so watch this one next

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Single Retirement (7 Tips to Ward off Loneliness)

there's 10 000 people turn in 65 every day and one half of this population is reaching this age on their own so you're not alone in this phase you need to know that you aren't alone but retiring solo does increase your risk of actually being lonely which can have detrimental impact on your health today we're going to talk about retiring alone or the new buzzword of solo retirement so if you're watching this and you say well that doesn't apply to me and you're a woman stay tuned the reason i say that is unfortunately seven out of ten or seventy percent of baby boomer aged women actually outlive their husbands what are you gonna do with that why are you laughing what are you gonna do without me i don't know what i'll do with that party anyway there's 10 000 people turning 65 every day and one half of this population is reaching this age on their own so you're not alone in this phase you need to know that you aren't alone but retiring solo does increase your risk of actually being lonely which can have detrimental impact on your health so this idea of emotional loneliness you know that people over 65 who suffer from that they have an 18 increase in their mortality rates which is scary so today we'll give you seven strategies to help ward off loneliness and overcome isolation to live a more fulfilling life as a solo retiree so here's the first strategy and this is really important overcoming your financial insecurities now if you are a single woman now or a single person and you're retiring and you don't really have a handle on your finances that's a problem and you're going to be stuck and stifled and not be able to move forward so you need to hire a financial planner and understand your finances and frankly if you're a couple watching this and one of the two of you really gets finances well and the other one doesn't that's not a good place to be no if you're listening to this both of you should pay attention and share the financial information as well as the financial burdens now because ultimately if you listen to that first statistic if you're a woman 70 of us will end up as a solo retiree outliving our partner that's just the medical history that's just the facts you know there are friends down the street who purchased the house from this elderly couple and unfortunately her husband passed away and she decided she wanted to downsize she went to sell the house they got all the way down the road to the closing right and realized he had never changed the title of the house so it took another three months to close and it's just because she had no idea they weren't really sharing the information so it is really important yep so get your finances in order we're not financial planners but definitely find one that was strategy number one strategy number two create a small support group of peers like mark said you're not alone there are many other people in the same place and you want to be able to share your struggles and successes with them yeah because it's it's tough to be alone and it's tough to really be alone but if you can be alone with another person who's alone then you're not alone anymore right that makes sense right kind of yeah good theory i mean you could do weekly coffee you know pick up a class or do some exercise or even just take a long walk it's important to make sure that you connect and have a group of peers yeah relationships are key and having a support group really helps so strategy three is along the lines of that but we're really suggesting that every day you talk to someone on the phone and person whatever it might be make sure you have a conversation with another human being every single day and it might make sense to make a list of people that you can call absolutely makes sense you know friends and family and neighbors you know and never feel like you're imposing and like mark said don't let a day go by that you're not involved in a conversation now it's always better in person because it feels better but if you can't be in person bad weather you know covet kept us all locked up a little bit at least call but be there and frankly what's helpful is not only for you to reach out to get some communication help but be the one supporting other people that's a great way to start having some conversations in a peer group that you're leading it so connect with someone every day strategy number four have a daily plan and a schedule something that adds structure to your life so that you're not always wondering what am i going to do today what's the morning going to be like how am i going to make it through the afternoon really set the tone from the day in the morning now good habits and routines are important and i know a lot of people that like to get up they've worked their whole life and they're retired now and they want to get up and just have a cup of coffee and watch tv watch a little more tv have some more coffee but before you know it it's 11 o'clock and you haven't talked to anybody and you really haven't done much so setting some schedule and some time some self-care time with friends and frankly limit tv i mean i you know watching tv every morning from 7 a.m till noon it's not healthy no but you could even schedule some time to learn to pick up a class to go to the library to read to children to find things in your community that you could do to be helpful and that makes you not alone and isolated so here's the fifth strategy and you've heard this from us so many times and it just makes so much sense this one does come up in a lot of our videos because it helps in so many areas of your life the fifth strategy is exercise every single day move your body move it get up and move it do you know that if you walk 20 minutes a day every day for 20 minutes you can add five years to your life so what about walking with a friend and 20 minutes that's easy walk for 30 minutes with someone and have a chat and catch up so you're now you're exercising and you're communicating with someone you know as we all age movement does become harder but you need to be as active as you can and just know that you can do 20 minutes a day so we hope you do that take it seriously so now let's talk about strategy number six volunteering you know there's so many benefits with volunteering and it's become such a huge part of our retirement transformation program and you know we do bring it up a lot volunteering sharing your wisdom creating your community you know providing yourself with fulfillment sharing and searching your passions we bring that up a lot but it does help with this loneliness and the potential for isolation you know you instantly can find a community of people when you start to volunteer and it could be as basic as working at the local food bank or the library or something but you're going to find dozens of other people in the same position you are in looking for communities so it's really important to give this a shot absolutely strategy number seven would be to try new things learn technology mark and i did a talk one day and there was a bunch of people in the room and one lady raised her hand talking because we were bringing up this strategy about learning technology her name was ava she raised her hand and she talked about the world that technology opened to her allowing her to connect with her family over in italy and how they structured it how she learned face time how she learned zoom how she learned to be able to work all of the technology in her house to really ward off that loneliness and you know how she did it remember her story she got one of her grandchildren to sit with her and work on the iphone with her to learn how to do face time she couldn't believe in her mind that it could happen and then in the end how easy it was for her right so but it really made her feel connected and less lonely and i think utilizing technology in that way is really smart and learn from a younger person it's nice in a community to have people your own age and people younger so and while you're learning technology look for online courses that are out there look for some online learning that can engage you i did that when i went to the university of pennsylvania and i took an entire online online course and i got to zoom in with other kids college kids college kids and i was the old lady but that was great and i made a lot of great contacts doing that no a big thing to remember is you're not alone you can ward off this loneliness but you need to be proactive work on the seven strategies we just mentioned above and listen if you enjoy this please share with your friends and also please subscribe by clicking the subscribe button below don't forget to join our free facebook community the link is down below and it's very interactive where jody and i go live each week you get to ask questions and we can communicate with each other and thanks for listening and we look forward to seeing you again

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31 ways to improve Retirement Planning Part 2

Today's video is the continuation of our last week's discussion about ways to improve your retirement planning. Keep in mind that all those 
steps you can use at any point in your life   if you want to put in place some kind of financial plan. If for whatever reason you missed my last week's video part 1   of 31 ways to improve your 
retirement planning, please watch it right now,  maybe even before you commence this video and 
then please return right here to continue Part 2. This will be so much more logical for you.   My name is Katherine Isbrandt from About Retirement,
I am Certified Financial Planner, and you are watching About Retirement TV
just about the only place   that will provide you with honest and open ideas 
how to be well prepared for your retirement or  if you have already retired, how to improve 
your retirement income, assets, and lifestyle. So last week we discussed, 15 ways to improve 
our retirement planning and today I want to share another 16 ideas that I have come up with.

Obviously, there would be tons and tons more,
depending how detailed we want to become but I think this is a very good start for the new year   which I hope you are planning to make it as
one of the best years ever. 16. Be very sceptical of any investing advertised as tax schemes This is how many investors lost a lot of money over the years   Australians are very tax-driven and this 
is how politicians win the elections, they know what and how to promise to their voters. This is how many heavily advertised investment schemes were introduced over the years, where the only party making any profits were product providers with most investors never even checking 
if such schemes were even approved by ASIC   and ATO for specific tax ruling Fortunately, now there are less of those
schemes happening but   that's due to strict regulations that we currently 
have in Australia and a very watchful eye of ASIC.   But often even legitimate schemes might 
not necessarily be of any value for you.   If the main goal of the scheme is to reduce 
your tax with actually not providing you   when any return, either in a form of income, or 
capital growth, bottom line, is you are losing money   So always do your due diligence before you 
invest any of your savings into any of those tax driven schemes.

17. Understand Australian Superannuation tax and legal system This is a very big task and lots of information
to learn not to mention how to find the details that are exactly
applicable to your situation but if you can achieve this, you will be on your
way to utilise every single benefit legally and financially available to you. This is exactly the reason why wealthy families rely on a good professional advice and superb service   18. Include the cost of assisting your 
aging parents and helping your adult children in your budget and in your planning, this is what we call sandwich family.

Have you heard of the naming sandwich family yet? That mostly applies to people aged 50 plus,
but could be of any age really. A sandwich family is the one that 
on one hand needs to care for the elderly parents   while on the other are still looking after 
their teenage children or children that are;  adults but refuse to leave home to start their 
own life and rely on your financial assistance. My recommendation here is to find the best solution 
of care for your parents, there are lots of options   and some may not cost you all that much, but can 
be very beneficial for you and for your parents.   As far as your kids are concerned, of course, if you 
are happy for them to stay with you, do that , but treat them like adults. If they work, and they should, unless they're studying but even then a part-time work experience is really recommended  they should contribute their share to family expenses, to your bills, food, you can decide on 
their contribution value.   You are a parent, you will always be there for them, I am a mother, I would give anything to my son if there was a problem, but as I said they need to learn their independent 
life and you need to look after your needs as well.   19.

Don't withdraw from your retirement 
plan unless you really have to. Every single dollar withdrawn from your retirement plan as an extra above what you really need, will reduce longevity of your savings It is not only the actual value withdrawn, but also loss of all future income and capital growth that those funds could have earned over the years. So just to put it into context, if today, at the age of 60 for example, you withdraw $20,000 to buy a better car, because the one that you have although is it 
is in a good condition, well it bored you a little bit  and you need a change you have just depleted 
your future interest earned on that withdrawal by  $60,775 based on 7% compound interest return
over the period of 20 years   So bottom line is that 
should you kept that $20,000 in your pension fund, at the age of 80 you would have had additional 
$80,775 in your retirement fund.

This amount of money can go a very long way 20. Plan for your long-term care   We have not been talking in detail about any 
expenses that you should consider in your old age,   when you might require additional medical or 
even personal assistance. Whether it is provided at the Aged Care facility or at your home 
you cannot disregard those costs. If you need any assistance in this area, either for your 
parent, or for your partner check out my website article Aged Care Planning with Ease, but I will be 
devoting more time and more videos to this subject.

And if the matter is urgent please just contact me 
immediately. 21. Rebalancing portfolio   This one strategy can assist your portfolio performance more than you could ever expect Rebalancing portfolio at the right time to its original asset allocation setup in your investment plan can be very financially rewarding. So you should implement doing this annually or when the opportune time of
market condition is presenting itself. 22. Check the performance of your investments
or your super at least annually I have been talking about 
this extensively in many of my videos.  Don't make rush decisions based on one year performance of your investment or your super or your pension fund. Even if that one year was disappointing. But annual checks are essential and if underperformance continues over a couple of years   then reassess if this is the right fund for you. Having said that, make sure that your expectations are met with the type of the portfolio, taking into account the investment risk.   And what I mean by that is if 
your portfolio has a conservative asset allocation   don't expect returns of a balance or growth fund 
or returns of the overall share portfolio   This is unfair comparison and you will end up being 
always very disappointed, So make sure you compare apples
with apples and not with oranges for more information watch my video 11 steps to check your superannuation statement.

23. Check fees and charges included
in your investment or your super.  Government has been on the hand for super and 
pension funds that have been overcharging members for their accounts for couple of years now for now, this new legislation applies to MySuper products so what we call default funds but that will be extended to
more superannuation products in coming years. Please watch my video "Fees you pay in super" to have full clarity as to what type of fees most superannuation funds charge. 24. Review charges and cover for insurance in or outside of superannuation.  I have not really been discussing 
insurance in any great length on this channel   as this has never been requested but also as we 
progress in life the need for insurance reduces   But if you still have insurance you really need to understand the cover provided as opposed to the cover required cost payable as opposed to your affordability.

If you require insurance should it be within super or outside? There are many things that need to be taken into consideration before you apply or cancel your insurance, so if insurance is what you need feel free to reach out so we can review what you have and what you need 25. Have a realistic expectation for your retirement. Well what can I say unfortunately we love to believe in miracles   Well for example I cannot save today but I will make it out next year or the year after, well that never happens.

or my money will last me 
forever because my super fund is the best  and has always been provided the best returns.
Well, good luck with this one. Nobody can predict  the market so please start being realistic with your calculations, with your budget that you set up  with the amount of money that you spend and 
how much you actually will need in the future   Once the money is gone it is gone and your 
retirement might take a completely different turn   26. Always include inflation in 
your retirement calculator   When using any calculators, please ensure that CPI (Consumer Price Index) is included.

This will ensure that whatever financial outcome the calculator gives you will be subject to inflation meaning a real value of money in the future. 27. Age Pension is a bonus, not certainty, don't rely on it, but do what you can to get the most out of it. This is my work’s bread and butter, on daily basis, I try to find ways how I can improve my clients Age Pension  Why? Well not because I want our government to pay for your lifestyle,   but because I know very well that this is a guaranteed portion of your income once you are eligible. The more you receive from 
the government the less of your own money you have to spend, hence you are protected with your savings for longer. But Age Pension should be a bonus, don't sacrifice all your savings, all your assets, just to get it It is still better to own and control your 
$2mil portfolio with no Age Pension then to give the 2mil to your kids just to
get Age Pension of $25K.

That is just a ridiculous exchange in my book.  28. Utilise every single benefit you can 
that is available to you from the government   There are many ways how you can benefit from our 
government's policies.  strategies that can reduce your tax, boost your superannuation savings, and support you financially for longer.  Watch my video "Improve your super and reduce tax" as well as "End of Financial Year Zero Risk 50% Return" Easy strategies and yet, so many don't do it.   29. Understand the importance of Estate Planning this is another area that is a huge topic to discuss, I have only scratched the surface with couple of videos  but they're still worth watching. "Wills, are they really necessary?" and
"Super Death Nomination gone terribly wrong".  The second video will tell you exactly why Estate 
Planning is so very important but obviously, it is  not limited to creating a Will or providing Death
Benefit nomination to your superannuation trustee   The more complicated your life has been, the more 
you should pay attention to estate planning and employ specialists to assist you, if you wish your 
assets to be distributed to right beneficiaries in the right way.

30. Do not forget about Aged Care costs
in your retirement planning   I have mentioned Age Care before. We tend to live longer and longer, medical progress keeps us alive for much longer than we might anticipate. But what if you run out of money? What if you need to use services of Age Care facility but you don't have any savings to pay 
for it. This is a big drama for many,   this is why I stress greatly to save aggressively before you retire and spend modestly once you no longer
have a job related income There are many ways to 
assist you in reducing ongoing Aged Care fees,   so if this is your problem, please contact me,
but the fact remains that you do need to include Aged Care expenses
in your planning as well.

31. Always, always work with professionals – accountant, lawyer, financial planner, mortgage broker. Google is just not enough This has always been my motto, I save where I can on things that don't matter or are all of less importance. But I never try to cut down on expenses on any professional service that I need. Good advice, service and support are blessing. Not only you will have things done correctly from 
day one, so no fixing, updating, explaining.   It will be done for your best benefit. There is no trial
and error situation. A good financial planner will  help you to improve your income, capital growth, avoid costly mistakes improve asset security, peace of mind, very often can help you to have access to government benefits that otherwise, you may not be able to access. So always use the best professional that really has your best interest in heart. So voila! This is the list of
31 ways to improve your retirement planning   As I said before this list could be extended 
to many many more points but some of them I have already discussed in my previous videos, hence the links and others we will discuss in more details in the future.  If there is a topic that you believe is really important and somehow i missed it.

Please let me know in the comments below the video, I would really love to hear your opinion and ideas on that topic as well So please don't be shy and let's have an open conversation.  Many people watching this channel are very 
likely in a similar situation to yours   So by answering your question this might help 
another person as well If you enjoy this video, please like it, share it,
and subscribe to my channel.

So you know when my next video is arriving If you want to find more information just jump on my website AboutRetirement.com.au where you can find all my video,  lots of articles all related to the issue of retirement, investing,
Age Pension, Aged Care and lots more And now as usual, please continue watching those informative videos   Fist recommendation is previously mentioned  "Improve your super and reduce tax" to know how to benefit from those government provided strategies for super. The second recommendation are videos about estate planning: "Wills, are they really necessary?" and the answer of course is: yes but listen to the reasons why.

I will be speaking with you in the next video, see you soon. .

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Retirement Financial Advice: Money Lessons You Need to Know in Retirement

once your earning years are over and you've built Your Nest Egg for retirement you need to be smart about so many decisions now we're not financial planners and we make that very clear with everyone but we are retired and we do spend time making sure we're doing the right thing financially with our own money because oh bad financial habits and lack of knowledge can actually ruin your we have we have a couple they're good friends and he felt like he knew what to do with the marketplace with his Investments and he clearly didn't because he had his money in stocks when it when they went down and he pulled it out and put it into cash when it went up so for eight years he was on the wrong side of every single one of the stock market moves and because of that he lost a significant amount of his retirement assets and that's really difficult and today we find that they're struggling many of their dreams have vanished and they both actually had to go back to work now there's nothing wrong with work but it's just not what they had planned so we can't emphasize enough right out of the shoot having a financial planner is so important because it gives you a plan it gives you a vision it gives you an idea but it also does this which I think is most important it takes the emotion out of the marketplace which can get the best of you think you know what's going to happen at a new presidential election and frankly you don't that's right so let the experts help you with that because we don't want to have what happened to them happen to you today we want to share some practical ideas that may maintain or even improve your financial situation and again the number one lesson today is don't manage your money without a financial planner and we don't mean a stock broker what we mean is someone who has a fiduciary responsibility to make recommendations that are are really good for you not good for them and they talk to you about the strategies and you might say well sure they do but they also talk to you about withdrawal strategies right how much should you be withdrawing each year in order to preserve your nest day how much do you need each month and then they pull it from the smartest place it needs to come from using tools like tax loss harvesting you can't just take money out of a stock because you want to because you're going to have capital gains right right and you know we're not a big fan of multiple planners but we'll leave that part up to you so the first one is make sure you get a financial planner somebody you're comfortable with the second is keep your emergency fund intact kind of no matter what you need to have emergency savings that doesn't disappear when you retire it's more important than ever to have accessible cash set aside for any type of emergency so two three four months of expenses in a cash account that way your financial planner can invest the rest of your money and always always be thinking about you're going to need more money in 60 days so what can they put you into short term so you want to have this cash account so you can cover any kind of emergency expenses or just if you want to leave stuff in the market a little bit longer you've got some cash or even if you have any big purchases that are coming down the pipe that's true making sure your financial planner knows that you're ready for that so the second thing is the emergency fund now here's another um here's another way that you can get into trouble or you're also a way to dig yourself out of trouble you want to take a look at all your luxuries and make sure that they haven't become a burden because frankly that happened to us we both had jobs we were both working gosh 15 years ago we bought our first boat and we bought four boats over the next 15 years but we could afford it because we both were working we both had money and it was our floating vacation home so to speak I I call the last one that we had a lifestyle about because we went away on that one a lot it was a little bit larger but once we were tired all of a sudden it was like well we don't really want to go out on it the weather isn't good you know we'd rather stay home we'd rather be with for the price of diesel or the price of gas you know the price of storage the price of hauling the price you know all of those things have to be factored in when you have a fixed income yeah and we didn't have the same earning capacity to kind of keep up with the luxury so we stopped using it and then it became a burden like why aren't we using it and it was a year ago now that we decided to sell it and it's sold within a month because we kept really good care of it but the thing is if you have luxuries it's really important to take a look at them and say that's something we're really getting a lot of satisfaction of because it's going to cost you money well there are also luxuries that you have and then there's luxuries you provide for others right so we have six children and we were providing cell phones homeowners insurance auto insurance airline tickets for them and their significant others are partners and you know that was all fine when we were dual income but as they aged and as we aged and as we came into a fixed income place we needed to start peeling some away and giving those responsibilities back to them and they can afford it they all have great jobs and if they're ever stopped but it was a luxury it was to be able to do that for him but but frankly it also gave us a lot of satisfaction a lot of fulfillment to be able to help them right so it was hard for us to Pivot to in our mind take these things away from the kids but they you know at some point they've got to be to stand on their own two feet so and we needed to reduce the support so we sold the boat we paid off two car loans we came to an agreement with the kids and slowly weaning them off of some of these things we've always paid for you know because they they can't afford it and you know they they they're fine with it right they even they say it's kind of silly that you're paying my cell phone bills so it's it's another cord to cut that um you know it's hard to do but we want to encourage you to do it yeah so that was the third one the fourth one is you know really trying to figure out how to live a little below your means you know and that's new for us for our entire career as our income went up our living style and our cost of living and everything we did went up with it you know hard work learning and growing you know we were climbing the corporate ladder Mark was building his business you know it was easy to have your lifestyle kind of follow you yeah and you know we both come from humble beginnings and we improved our lifestyle as we went up but then then it's sort of when when you retire you have to think okay well my income's not going to keep going up as a matter of fact it's going to go down so how do we want to live what are some things we can do to live within our means and even underneath our means so and there were a couple things we had to agree to right so you know I call it shopping for sport right so there's there's no more you're better at that than pickleball kind of just opening up and saying oh you know look what just came into my feed I'll take a look at those earrings or that bracelet or those dresses or those sunglasses I think about it I kind of have a little bit of a sunglass addiction so so you know there was you know we agreed that we would do no more shopping for sport yeah it was one of Instagram Amazon it's so easy to spend money today and you get hooked on this new game you don't even leave your house you don't even leave your house you know keeping up with the Joneses that's not necessary anymore right you know who are the Joneses anyway today it's other retirees we're not taking on any more debt we've paid down most of our debt you know again we have a financial planner and you know we have a more modest wardrobe I mean our fancy or fanciest clothes are for our YouTube channel right and we're eating out less we made the agreement that for health and economic reasons we would eat out less so leave living below your means is something you can control and it's something that you can put some time and intention into so another really important thing to get to know is everything about social security and we we don't know that much about it so our financial planner and our accountant has said you don't need to take it yet and that's kind of all we're thinking about at this point they'll let us know when it makes sense and when it makes sense it'll make sense but you have to really understand or have someone coaching you on what's important because everyone's financial situation is different yeah and I really believe the more you know about it the better off you'll be even if you do your own investigation you know Social Security was not meant to be your primary source of income as you age in America it was meant to be a supplemental income so you have to understand the amounts you can get at what future ages and can you still work and does your state tax it or not you know there's a lot of rules around Social Security and my recommendation would be just get to know your rules in your state around your age just for the knowledge I don't know but I think there's a certain amount of uh you can't earn a certain amount of money and still get Social Security I don't really know but you have to know that's I guess that's the point you really need to know everything about social security check with your account and your financial plan right here's a big one for us and it should be for you too I think you know money will never buy you happiness and we've heard that like our whole lives and so we actually did a little bit of research and you know what really defines happiness for us and we came across this quote and part of it is from Warren Buffett but it says you know we want to do what we want when we want with whom we want for as long as we want and that to us will Define our happiness you know now some of what you do will require money but it's not all about buying stuff and things you know most of what we do for happiness now is experiences I I would think that for us and tell me if you agree but the something we just spent money on is giving us more happiness now for a very low value than anything else I remember paying forever you know what it is your pickleball racket pickleball so we joined the YMCA uh for like eighty dollars a month for the family we bought a pickleball racket for 100 bucks and six balls for eighteen dollars and we're getting like five or six hours of use out of that each week yeah that's happiness that really is making us happy it's not a new car it's not a new set of golf clubs right it's not what we're used to thinking that was um would create happiness and we're also looking at vacations differently right now that we have the full seven days to ourselves many vacations to visit friends or family you know they become Tuesday Wednesday Thursday versus the high traffic weekend Friday Saturday Sunday so many vacations Beach days lunch dates you know we just renting a boat for a day we're doing that with company comes we're renting pontoon boats now for the day to take companies out it's three hundred dollars for a day which in one respect sounds like a lot but it's a lot cheaper than owning a boat right that's true so we still get out on the water now look you clearly need money in retirement we all can agree on that but how much do you need and how much is enough you've got to figure out how much you have how much you can pull out each month and how long it's going to last those are key questions you need to work through with your planner and your account yep and paying attention to some of these things that we just shared will help guide you and keep you out of trouble now we hope you enjoyed this video and if you did you're going to like this next one called the truth about early retirement what they don't tell you it's one of our most popular videos and you know we're not getting any younger so why steal these fabulous years from ourselves our family and our friends watch this one next

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What Rate Of Return Should I Use For Retirement Planning

welcome to today's video what rate of return should I be using for retirement planning this is really key we want to get this number right so that we don't have to continue to invest even longer by the end of this video you will have the knowledge you need in order to determine the rate of return you should be using for retirement planning so let's Dive Right In [Music] all right I'm going to go over the different factors to consider when you are determining your rate of return for retirement planning and I'm even going to share the rate that I personally use not only that I'm going to show you a calculator so that you can see the difference in using a lower rate versus a higher rate all right the first thing we want to consider when we are determining our rate of return to use during retirement planning is what we are invested in if we are invested in stocks that is going to give us a higher return and if we are invested in bonds that is going to give us a lower return so this is really critical when you are determining your rate of return number a lot of people will just say oh use 10 rate of return but if you're investing all in bonds there is no way you're going to get a 10 rate of return so this is a really critical factor to consider when you're determining that rate and we also want to factor in inflation I know that recently we have seen really high rates of inflation nation and other years have been a lot lower so we want to take this into consideration when we are determining our rate of return for our retirement planning we also want to consider our time Horizon how long are we going to be investing before we actually retire is it going to be five years is it going to be 30 years we want to know exactly how long that time Horizon is because that's going to make a difference on our rate of return if we are investing for a longer amount of time then we're able to take on more risk and get that higher return but if it is a short amount of time we are investing and we decide to be super risky our investments could drop within that short amount of time and that would mean our rate of return would also drop and we also want to be aware of market conditions if we are investing during a bull market we are going to see really really high returns if we are investing during a bear Market we are going to see lower returns and this kind of goes along with the time Horizon because if we have that longer time Horizon we're going to be able to go through a bull market and a bear market and another bull market and another bear market and be just fine but if we have that shorter time Horizon we may only be in the bull market or the bear market so we want to be aware of that so now that we know what factors to take into consideration in order to determine our rate of return what rate of return should we be using if we are just investing in stocks then the average return for the stock market has been 10 but we don't want to just use 10 for our rate of return we want to take into account inflation so on average I know recently it's been a lot higher but on average it's a three percent inflation rate so we can take that 10 and subtract out that three percent and use a seven percent return but we want to make sure that we are investing only in stocks if we have half in stocks and half in bonds that seven percent return is not going to work for us and I feel like a lot of people don't realize that because they don't want to be as risky with their Investments but they have to understand that they are not going to get as high of a return on their investments in order to get that higher rate of return we need to have that higher risk associated with it and that's not just to say oh be super risky with all of your Investments we can still take calculated risks and still see that high return for example if you're putting all of your money into just one company maybe you're putting all of your money into Amazon that is going to be super risky we want to make sure that we have diversification within our investments even if we just choose to invest in only stocks we can do a stock fund which has a whole bunch of stocks or companies inside of that one single fund so we're still Diversified but we're still being risky because we are only investing in that stock fund so we can still expect to see that higher rate of return and this is what I do I have the majority of my money in one certain stock fund and if you want to know which one that is I have another video I'll leave a link above you can check it out later on and then I have a few different individual stocks but I don't just have one stock one company that I have all of my money in that would be too much risk for me personally and then going back to using that seven percent return some are worried that may be too high of a rate of return to use so they want to be more conservative so they might use a five or six percent return so you have to determine where you feel comfortable along with taking into account all of those other factors that I mentioned because if we say oh I'm going to get a 10 return on my money I only have to invest for 10 years and then when you get to that 10 years you did not receive a 10 return then you'll have to invest for an extra amount of time I personally use the seven percent rate of return and I have heard of some others using even 10 because usually really over time when you are progressing in your career you're getting raises so you're actually investing more of your money as you go along and all of these calculators out there allow you to just enter in one certain number or one certain amount you're going to be investing every single month but honestly that could increase over time so a 10 return might feel comfortable to you taking a look at bonds and what they have returned it could be around four to six percent but then we would have to adjust for inflation so taking off three percent of that so it's barely above inflation and I just want to show you the financial samurais blog post about investing a certain percentage in stocks versus bonds because if you are going to invest a certain percentage in stocks and bonds then you can't just use that seven percent return or the three percent return there would need to be a combination so just make sure that you feel comfortable with whichever rate of return you're going to be using because if you are investing a certain percentage in stocks and then a certain percentage in bonds we want to adjust for that so we wouldn't want to be using the full seven percent return it would be a little less if we were putting maybe 80 in stocks and 20 in bonds and of course it is hard to know the exact number to use because we are looking at historical data but that doesn't mean that is what is going to happen in the future for me personally I feel comfortable using that seven percent but you may not feel comfortable doing that especially if you're going to be investing a certain percentage in bonds so come up with the number based on this data that you feel is going to work best for you and if you want help investing in the stock market and determining the number for your rate of return I have a free master class on how I can help you invest in the stock market and figure out all of these little details like your rate of return for your Investments if you're interested in that make sure and click the link below and watch the free free master class and tell me also what rate of return are you going to use and if you found this video helpful please hit that like button and share it with someone else who would like to hear this information and to the Subscribe button to subscribe to my YouTube channel and the little bell to get notified on when I post new videos and if you want to see even more amazing content for me make sure and check out the videos on the side of the screen thanks so much for watching I'll see you in the next video

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31 ways to Improve Retirement Planning – Part 1 #SavingForRetirement

It is always a great idea to commence a new year 
on the positive note.   As I said in my previous video "Proposed Changes in 2022" I really want all of us to have this New Year 2022
one of the best years ever, financially, emotionally, spiritually, and physically,
but all those components work together.  I know from experience that if my finances are not in order,
if I feel financially drained and insecure, there is no way I will feel 
emotionally happy, fulfilled and satisfied.   So whether we like it or not, money plays a big part 
in our lives and in our well-being, not to mention our choices and abilities
to do something good and positive in the world.

So as I said, I really want to start this New 2022 Year on a positive note, 
and what is a better way than going over steps   how you can improve your retirement planning 
or any financial planning for that matter.  Originally this video started with only 9 steps,
but once I started thinking about it,  all those ideas and suggestions came 
rushing through my head and I thought well, what a great way to slowly improve step-by-step 
your planning system. Some of those listed ideas, I have already covered in parts
in my previous videos, so I will link them all for you, others might be just short information, but some could be
a totally new idea for a completely new video. So today our topic is:
"31 ways how you can improve your retirement planning"   or as I said before any financial planning 
regardless of your stage of life.

As the number has grown from 9 to 31, I will divide this list
between two videos not to make this one too long, so please return next week for part two of today's video… My name is Katherine Isbrandt from About Retirement,
I'm a Certified Financial Planner, and you are watching About Retirement TV,
just about the only place that you can find all the information and ideas how to be well prepared for your retirement or how to improve your retirement, income, assets, 
and lifestyle if you have already retired. So as I said before, today I will cover 15 steps 
you can take to improve your retirement planning,   and next week I will cover the other 16 steps.  1.

Save enough
– have a plan for the future with a defined strategy this is most likely their most important information
in your planning   you really have to have a starting point to know 
what you are striving for, what type of assets,   and what value you need to accumulate by the time 
you plan to retire. Nothing is set in stone but you need to make a solid start
and a very good starting point are my videos: How much do I need to retire" and
"What Income is Needed in Retirement". 2. Understand your longevity and do not underestimate how long you are going to live This is most likely the biggest worry for most retirees   with many thinking of ways how you can make 
your money works harder. If you believe that at the age of 90 you will need a lower income
or lower asset base, well think again. Just watch this video "How long will you live in retirement".

This is one of my older videos, so please be gentle   As I had no video presenting experience, but the 
information is still valid and current as of today.   3. Believe that it is never too late to start planning or saving. Some might think that once you retire there is nothing you can do 
to improve your retirement income and to make your money last longer.
Well, this is an incorrect assumption. Unless you have no assets saved at all,
your situation can always be improved.   I have a whole series of videos related to Age Pension and how you can improve the government benefit or organise your income streams
to provide you with a secure income for life. Feel free to binge-watch the whole series of 14 videos
devoted to this subject Age Pension and your retirement  4.

Make your decisions rationally and not based on your emotions Money is an emotional topic.
We might believe that all our decisions are made rationally   and well thought through but, let's be honest,
whatever decision you make you can always justify it.  And justification comes from the
emotional state of needing to prove to yourself   and everybody around you, that your decision is 
right, even if deep down you know it's not really.   Good planning and sticking to set steps defined 
in your plan can help to remove the emotional distress, and allow you to make your decision 
calmer and to your actual financial benefit. If you are unable to remove your emotions from 
your financial decisions just please admit this to yourself and ask for professional assistance to manage your money,
organise your plan, and check your progress.   You are always involved in 
the decision process but the emotional drama   can be taken away and the financial planner can
cool down your nerves, by removing any uncertainties,  by explaining issues providing you with information research
that will rationally support your decisions.

  That can bring you a great deal of peace of mind while improving your investment portfolio
performance at the same time. 5. Prioritise your own needs and your own retirement
before helping your children to build their wealth. Unfortunately, I see this all the time when parents sacrifice their own lifestyle,
their own level of savings, and assets   in order to help their kids to buy their first home faster,
to pay off their university loans immediately, to have a fabulous wedding. Well, if 
you have sufficient assets to look after yourself   and help your kids at the same time, absolutely, do 
that, congratulation you have done very very well. But if you do this out of parental love, guilt, 
obligation, shame, scarcity, or you are being forced to do it. because the other parents are paying for the wedding,
the other parents are helping with home deposit,  and you feel obligated to do the same. 
Well, I respectfully disagree you have done your duty as a parent, you have raised your kids to be 
a respectful and responsible members of the society,   you have supported them throughout their 
childhood and their young adulthood.

Now it is their turn to take their responsibility and 
create their own lives and their own mistakes You are always there to support them, but you also need to make sure
that you are in a position to look after yourself for as long as you are alive,
because well nobody will come to your rescue.  So it bothers me when I see parents giving 
their savings away to kids to help them   only later to end up on Social Security check
of Age Pension with very little savings left, so they can hardly get by in their retirement.  6. Don't leave money in a bank Well, this one is the most common mistake people make. If you sold an asset and you park your money in cash,
as it will be needed for your next purchase that's what cash is for. Short-term holding.   Another reason to have funds in a bank in cash, it is for your "rainy day and security account" as an emergency fund.

But most people who keep majority of their savings in cash in the bank, 
do this due to fear. So we are going back to the 
previous issue discussed in No.4 decisions need to be made rationally
and not based on your emotional state. There are so many negatives of keeping too much money in cash 
and I would need to prepare a separate video   to go through all those reasons, so we will return 
to this topic again in one of my future videos.  7. Don't carry too much debt into retirement, especially high-interest debt Well, life is life, sometimes there are reasons why
you would still have debt outstanding when retired.  When assisting clients, we do try to have all that's paid off before the big day of retirement arrives
but sometimes it is not possible. If this is the case, then we try to find another option
to assist clients with the level of income,   as whatever repayments you need to meet,
they will reduce your income dramatically   But one of the worst debts you could have in 
retirement or actually any other period of your life, is a credit card debt or any high-interest debt, such as personal loans,
store loans, all those fast loans facilities advertised constantly on TV that 
supposedly can be approved within 5 minutes.   Nothing, and I mean nothing is as urgent to buy to even consider those loans
as some of them carry interest as close as 50%.

But most people don't really bother checking agreements   all they want is that new TV, that new phone, or another holiday. Just watch my video: "How Banks keep you poor – shocking truth" and you will be blown away
by my calculations and my findings   8. Don't retire too early
Early retirement means early spending on their savings.   If you do this then you might run out of money 
while you are still very healthy and full of energy.

You might not have enough savings to pay for your medical care
at the time when you are much older. So please speak with a financial 
planner or financial advisor that can assist you   to figure out when is the most beneficial 
time for you to commence your retirement.   9. Invest well in growth assets. Yes many people in retirement are far too
conservative with their investing, which in most cases comes again from fear and
lack of understanding  of investment choices but a good advice can go a very long way
to improve not only your ongoing retirement income    but the value of your assets 
backing you up for the remainder of your retirement, or as your legacy you wish to 
leave behind for your beneficiaries either to your partner to your children or any other person 
or organization you wish to leave your estate too   I have created a video:
"Investing for Income and Growth in Retirement" that explains the benefits of investing into growth assets but as this topic has been requested by many,
I will create new videos about different forms of investing.   10.

Do not chop and change your investment strategy   This is a sure way of constantly losing money,
when people are trying to keep changing their investments based on some information heard on 
the radio, or on TV, read in the paper or heard from a neighbour.  Investing based on such advice is a sure 
way to keep losing money it is not based on any solid information, it is not based on any research that you might have done. So please stay away from, keep on
jumping from investment to investment you really need to create an appropriate strategy for your needs,
stick to it, but with annual or even semi-annual reviews. 11. Do not participate in panic withdrawals Oh my god don't even get me started on this one.
This is common knowledge.  I'm sure every single person listening to me right now
will agree with me and yet every year,   I see the same mistakes being made.
I meet many people who are telling me how much money they lost, for example during GFC Global Financial Crisis
that happened between 2007 and 2009 or the recent drop in March 2020 due to COVID.t   Those people blame the economy, the market, but the truth of the matter is that once the market drops,
it is too late to sell any investments.   Whoever patiently waited for the market recovery, 
got their money back and more.

It took two years after GFC for the market to recover
and it took only a couple of months after COVID crash. Nobody likes market crashes and volatility 
but it is part of investing and you need to accept it   if you want to see any capital growth of your savings. If you are a person that panics when markets are uncertain   you really need professional service to
help you with your investments   and how to deal emotionally with those market changes
and that's where a good financial planner can assist. 12. Don't try to chase historical performance.

Don't invest into last year winners   most likely this asset or this fund manager
will not be a winner in the following year.  Markets are alive, they change daily, there are 
many forces that impact performance of assets in one year   and decline in the year after.
If you keep on trying to switch between last year winners  your transaction cost will skyrocket 
and you will keep on paying the highest price to buy new investments. This is a sure way to be going backwards
with your performance of your retirement savings 13. Stay away from timing the market.

It is not about timing the market but rather about time in the market 
that will bring you financial benefit. Research shows that those investors that stay invested over long term
in a well-diversified portfolio   will be better off than those trying to guess the market
and trying to benefit from market movements.   When we start talking about shares as I promised,
I will go much deeper into explanation of this topic   14. Diversify, Diversify, Diversify.. Investment diversification is most likely
one of the most important aspects of your investing and it will have the biggest impact on your overall asset security meaning investment risk and 
your portfolio performance and your portfolio of volatility Have you read my eBook "12 Principles of Investing"?
Well if not, I highly recommend for you to download it   and read it cover to cover.
Diversification is most certainly one of those principles   and it is well explained so hopefully 
it will help you in building your investment portfolio    and while you are visiting my website 
AboutRetirement.com.au to download this eBook   feel free to sign up to my newsletter that will 
provide you with all the details you need to be up to date   with all financial data that can impact your retirement.

15. Always include fun in your budget I want to leave today on the happy note, and I believe that as much as it is very important
to be a financially responsible person    we cannot forget that life is meant to be happy, enjoyable, with lots of fantastic memories that 
we create over our lifetime, that we can return to   at the time when we feel blue or nostalgic.  So don't forget to allow in your budget for some fun  whether that is your holiday, subscription to 
things that you love doing such as for example:   attending Opera shows or Theatre, or some kind 
of hobby maybe like me, you love photography, or coin collection. Or maybe just simply you enjoy 
going out with your family and your friends.  So please include some fun in your budget 
so you don't feel guilty spending money   because you've done your budget and you know 
exactly that you can afford it and you don't have to justify your spendings either. Here there are 15 ways to improve your retirement planning   or financial planning at any stage of your life. If you enjoyed this video please LIKE IT,   If you found it informative please SHARE IT with your 
family, with your friends, I'm sure that they could benefit from this
information just as much as you do.

And please don't forget to SUBSCRIBE to this channel as well. Next week we will continue discussing further 16 ways
to improve your financial planning journey   I wonder if you can come up with few suggestions yourself.  Please let me know in the description below this video
what would you think are important ways   to improve your retirement planning? 
Please share your ideas with us.   And now I want to invite you to watch some of 
today's mentioned videos: the first one, “How much do I need to retire” very important information if you are planning your retirement soon. The second is the series of retirement income 
videos: Age Pension & Your Retirement So feel free to jump onto those recommended videos and I will be speaking with you soon. See you then.

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25 Tips for Ensuring a Happy and Strong Marriage in your Retirement Years

retirement can redefine your marriage For Better or For Worse Better or Worse did I say that to us when we got married I think for did I make that vow I don't think so oh come on oh maybe but this new chapter retirement brings both opportunities and challenges to your relationship you know while divorce rates are down in the US gray divorce which is divorce over the age of 50 is on the uptick we don't want you to become part of those statistics no this video is going to be great we're going to give you is it 25 tips for a healthy marriage in retirement in retirement and I want you to pay attention to this I'm going to and me too all right now if you're new here my name is Mark and this is my wife jod and we don't focus on the financial aspects of retirement but rather lifestyle Health relationships and more so if you like this video and you like watching us please hit the Subscribe button and the notification button and we would be forever grateful if you could share this with someone that you care about who who's on their retirement Journey too so I don't know if we've got you know um I can't think of a story that really resonates with listen we know people who got who get divorced you know they they retire One retires and the next thing you know they're divorced and it's probably because they spent all their time apart then they're together and it's um it can be difficult well I also think you know as people are together for longer and longer periods of times without good healthy communication people change and you either need to acknowledge and embrace the change or discuss and discourage the change whatever your thing might be but but you know it all it all comes back down to how important that core unit is yeah and I think that I think that for sure the the marriage that you had when you began was super special that's why you got married and then you had maybe you had children you had your career years and now it's time to rebuild it because times are different and you want to have a good healthy happy marriage for sure and that's what this video is all about absolutely now before we jump into the teaching there's a quick download that we'd love for you to look at if you haven't received it yet on the downsizing dilemma it's one of our most popular downloads so take a look at that because that's something that comes up in a marriage discussion as well once you hit retirement so and you know stay till the end because we're going to give you five action steps to begin the process of building your stronger marriage that's that's key you're going to love that so what's the first step or the first thing we want to talk about for a healthy marriage I feel like this is the first step in quite a few of the videos we do especially as you're in retirement or entering into retirement and it's really communication you know communication is key establishing daily check-ins you know sharing retirement expectations and goals discussing any changes in roles and responsibilities that may come up and also addressing any unresolved issues and addressing them calmly right well so yeah so well yep so well so I'm just trying to think communication and we like you said we do a lot of this this is so important and some people don't even let the conversation start and that's bad they hold back I think men in particular they're afraid to be vulnerable with their wives because they don't want to they're afraid of how you might react let's say so they don't really want to open up how they feel right but this is something we all need to get over to be able to in a kind caring slow thoughtful way share with your partner how you're feeling share with them what you're concerned about share with them what right what what you can do for them today we have daily check-ins every morning we have coffee together for 30 minutes around yoga and cycling and my exercise and walk in the dog 30 minutes a day we kind of establish where are we how are we feeling how are we showing up how do we help each other out and sometimes that 30 minutes gets away from us not going to lie with um social media pressures YouTube comment responding and you know so we do our check-in I don't know if I'd give us the full 30 minutes anymore I feel like that's really cut down to maybe 15 or 20 one cup of coffee and then we got a roll well we should fix that yeah we should because because that's important yeah and we want to be honest about what we're really doing so yeah so I mean here's a here's a little tip if you're just retired or whatever spend 30 minutes each day checking in with each other it's a good one all right Second One Financial transparency typically one or the other of the spouses handles the money right there now needs to be complete transparency with both on how much money you have how much money is coming in how much money is going out what your big expenses are understanding each other spending habits you know on Amazon or wherever you know you just you need to really be open and transparent about that and not not withhold anything well and I think it's it's important because you want to plan for any unexpected expenses right you want to talk about any Financial fears or insecurities you might have and then maybe even consult a financial advisor together you know but really fully creating the space where you know everybody you know let's just all talk about what we're spending and what we're spending it on is a really good first step well and particularly if you both retire at the same time or One retires early there's not the same amount of money coming in right so there can't be the same amount of money going out that's got you've got to curtail your expenses and that's a hard conversation to have no one wants to be told we can't afford that or I don't like you spend so much money on that so but you have to be open about it and you know it's funny the third thing is a lot of um couples that we spoke to talked a lot about having Shar shared an individual interest as one of the key cornerstones to cultivating a really healthy marriage as they age you know some common activities and hobbies they respect and support also though their individual interests or needs so we have pickle ball MH we have golf you have your own golf mhm I have yoga you have yoga I have cycling so that's we have some stuff together and then you know we dinner time when I'm cooking Jody's helping me or you're cooking we're kind of in the kitchen together so I think it's just you know versus you do your thing I do my thing and you know we meet at the end of the day yeah no so you got to really balance togetherness and Independence yep and encourage each other to continue to grow and learn and and try new things you know a lot of times we have couples that one has a ton of hobbies and interest and one doesn't have any so you know it's really encouraging each other I think at the same time so as we age um our health and wellness becomes more important so number four is sharing doing building a life around health and wellness together and that means exercising regularly together adopting a a healthy diet as a couple making sure we both go see our doctors and we actually have the same uh skin doctor the same GP the same uh naturopath doctor so we go together right um you know I drive Jody sits next to me or do you sit in the back I drive Miss dais I would love that that could be Miss Daisy I think that um doing that together and being open and honest about what the doctor says right and Shar you know talking about medication prioritizing sleep and rest that's got to be an open part of your discussion again this is about having a healthy marriage right and it's hard to PRI prioritize sleep and rest if you're on different schedules you know Mark is a super early riser 4 in the morning I'm more of a six o00 girl um um so you know you like to get into bed a lot earlier I commit to getting in bed at the same time as you but then I want to read because I can't go to sleep that early so it's just really having again that conversation I think the next one which leads into uh quality time and romance planning regular date nights even in retirement celebrating anniversaries and special occasions showing appreciation and in and affection every day how do we do that well when we wake up in the morning you're already awake I wake up and come out I walk the dog and I always come in and give you a kiss yeah before you brush your teeth I do driv are crazy bad it's a tight kiss it's like this I'm a teeth brusher I like a good teethbrush well to your point you know um you reached this phase of life and maybe the romance is gone or it's the flame is not as high you really need to reignite that flame you need to work on it and if you need listen if you need therapy you should get therapy but if you want to help healthy romance you need to have quality time together healthy marriage you need to have quality time together and you need to have romance I mean you need to if you have to schedule can I say sex sure if you want to schedule sex to have sex schedule it we did a great video on sex after 60 or something yeah with a therapist a therapist and she at the end said listen if you're having trouble with sex and it's not happening she gave us exercise at the end get in to bed together naked touch each other all over but it can't seexual right have we done that yet I I don't know but you you went there really really fast I just thought about it for people who are stuck here because you're watching this video and you're think we don't have any romance don't give up right don't give up give up for sure for sure okay uh the sixth thing would be navigating social changes right building a Social Circle with other retirees staying connected with family and friends volunteering and engaging in community activities all of these things to address any feeling ings of loneliness or isolation you might have even hosting Gatherings you know into your home together so we're having dinner tonight with friends that live across the street another couple and they become sort of our group therapy couple because we're really open about our marriages and our struggles and some things that we're doing new you know that that's like unheard of but we are so comfortable with them and comfortable with each other we're okay sharing and they're okay sharing and it's really nice to have another couple that you can talk openly about your relationship it's true right yeah that's true yeah for sure all right number seven continuous learning and growth this is really important a lot of people think I'm done with my career and I'm just going to sit back I don't really need to learn anything gosh there's so much you can learn or relearn or unlearn the wrong way and learn the right way you can take classes you can do workshops together share knowledge we're always always kind of quizzing each other on on what we're learning the big word for this curiosity yeah stay curious curious and open to new experiences you know I hate playing cards I hate games I really do you can just ask our kids cuz they ask him all the time so we had dinner with these couple we're seeing again tonight couple a week ago and said you guys want to come over at 5:30 for pizza and play cards I'm like the pizza part I like I actually had the greatest time ever playing cards I didn't want it to end I know and I went in there with a different mindset I said you know what different experience everyone around me all my kids they love cards and I don't right it's not wrong with them it's wrong with me so this is still under the continuous learning learning bucket so even a card game is a good thing well 7A right between seven and eight is learning how to play cards there you go so we know we have to put it in there 28 y um you know adapting to a new home Dynamic you know you're both there full-time now that's different right it is different you need to redefine household responsibilities and kind of create your own personal spaces within your home and discuss expectations about home life you know does one of you like to watch The Morning News and the other wants to read the paper in quiet well back in the day one could go to the office and read the paper and the other could you know get dressed while the news was on or whatever it might be but there's going to be big changes and really need to navigate those changes inside your daily routine and talk about it so when your Dynamics are a little when you're a little at of sort you're at home and you're at of sorts with what's happening what your wife or husband is doing you have to find um time and space to address any conflicts promptly right I and constructively I was always the worst if things weren't the way I wanted them to be and they were out of s sorts i' withdraw into my cave and I would go in there and I'd shut down I'd be quiet that is the worst thing that I ever did to you I don't think I do it anymore at all maybe 10% but I used to go 120% all in and you'd say to me all day you okay I'm fine you're kind of quiet I just don't feel like talking but the difference was our home Dynamics were changing and you weren't really was I wasn't yeah what you were concerned about I wasn't addressing the conflict properly so now something happens I say hey I want to let you know how what you just did made me feel not looking for a response and just open up a line of communication the ninth thing would be respecting and understanding each other just kind of in a broad C category right acknowledging and validating each other's feelings being patient with each other to any adjustments that is required As you move through this transition yeah and I think cultivating um a feeling of empathy and compassion is really important and respecting each other's viewpoints we don't agree on a lot of things but I respect your Viewpoint and you respect mine and then we decide what we're going to do going forward and honestly I think that practicing forgiveness if you cannot forgive your partner for something they did 10 minutes ago or 10 years ago you're going to carry that around and it's going to be a wound that's going to prevent you from really getting close again I age so I agree I'm not great at forgiving you're really good at forgiving do you forgive me for all of my sins do I know all of your sins well to you oh yes oh good so Lu we started fresh I'm glad I'm glad we got to this one today no I'm again I joke around a lot forgiveness is really important we're going to make mistakes we're going to say stupid things going to we're going to be a jerk sometimes and I think you just need to apologize own up to it and forgive the other person okay the 10th thing is future plan planning really discussing long-term goals and dreams you know plan for any potential health issues that one or the other of you might have consider your living arrangements later in life what do you both Envision that to look like you know update your Wills your legal documents and talk about any Legacy and Family Matters talk about them early and talk about them often and talk about them together right you don't jod has three daughters I have three sons you know we we we have I talked to my boys about certain things J talks to her girls but anything about future planning trips Legacy Family Matters Jody and I talk to them together it's really important to be United on that particularly with a blended family 100% for sure all right so there's there's a lot of change in this phase of life so number 11 is embracing change together you know accepting the change that retirement brings you're both home home now you're both there all day long and you need to be open to adjusting plans and your expectations and gosh you got to have a lot of flexibility right yeah and you have to really realize and we all need to realize as this huge generation of us is embracing and moving in through the transition of retirement that it is one of the top 20 most stressful events you'll ever go through in your life is retiring oddly enough so you know celebrate this new phase of life together and support each other through the transition even though you might not be at the same phase yeah you know I think that uh we talked about health before and we talked about Legacy and talking about embracing change um taking care of each other as we age you know one of the things that maybe we haven't talked enough about really is what if one of us gets sick right yeah you going to take care of me of course I will oh good no but I think that's important because all of a sudden it's upon you yeah and you haven't talked about it now it's kind of a shock right um so I think that's that's really important um number 12 effective conflict resolution again for me I was really bad at this I'm a lot better but when there's some conflict really need to develop healthy ways to address disagreements you can't blame um you want to focus on Solutions right you really don't want to blame the other person okay something happened what can we do to fix it right and you have to practice some active listening skills right where you're asking questions along the way not closed-ended questions but open-ended questions and really showing empathy for what the other person's going through and feeling free to take a time out if this discussion gets heated Mark will do that sometimes he'll say up I'm full I had enough we're going to have to pause on this and I'm right mid stride and you get mad at me I do because it's hard because I'm I'm a task completion person so I'm ready to just work it all out and you need more time than I do so working towards compromise for Mutual satisfaction I think makes a big difference there's a couple I know that have a code word I honestly think it was my brother and his wife but there's a code word so when things are getting heated things are out of control they had a code word that they would say one of them would say and that just kind of said okay it's time to take a break instead of continuing the yelling or the screaming or the pushing or the blaming just saying you know what I this isn't working right now I want to come up with a solution but we're headed in the wrong direction let's take a little pause well I know our daughter Evan and her boyfriend Hayden have a conversation where if it's going in a wrong direction one or the other will say let's roll that back oh and that gives the person a chance to roll back the direction or what does that mean like a undo what you just said no not undo it like like let's let's roll that back because this isn't going in the right direction and they can then have a conversation about redirecting the conversation I thought it was a good Str again this is about healthy marriages healthy relationships so these are all good tips and good ideas and the 13th one we kind of discussed a little bit earlier but maintaining intimacy and closeness prioritizing your physical and emotional intimacy which I think is really as important as the physical intimacy you know CU as you get older your intimacy needs change and be open to new ways of expressing love and kindness right scheduling regular time for intimacy which I think you already talked about when is that Sundays at 3 and um is that when it is I don't know got footballs on I don't know if that's I tell you what it's today at 5 um but also seeking professional help you know if you need to face some challenges together don't be afraid of getting therapy right either individually or as a couple if you've been together for 20 or 30 or 40 years gosh don't you know this whole saying about the grass is greener on the other side it's so true and do the best you can to work through your problems but get some professional help if you need it the other thing you really need is a supportive Network right and again I talk about a couple across the street he's a great guy for me to go to he understands me he understands jod he understands our relationship I can talk to him about something I'm struggling with with jod and he's really good at just saying you know not really saying a lot just listening so building a supportive Network for yourself and as a couple I think is important yeah I think to really maintain friendships that enrich your marriage right support your marriage you know connecting with individuals or other couples that are in the Life same life stage as you participating in community or religious group you know activities you know that you can do together you know and offering support to friends and then accepting that support back in return I think is really important during this stage and I think the children too you know our our children are adults now you know my sons are 30 I'll get this wrong 38 36 34 more or less they're they're grown young men yeah they are and they do provide a a supportive Network for me we don't share like when we're struggling but just to have conversations with them is helpful too and you're really good with your daughters yeah but I I think with the girls I actually do share when I'm struggling because I I value their perspective so that might be well a new layer for you and the boys well maybe me a new layer for the girls and I cuz I'm picking up um Maddie tomorrow uh at the airport and I'll be with her for an hour and a half so I could check in with her on what you're telling her okay is that what we think is that how it's going to go all right setting personal and Joint goals you know um a healthy marriage needs growth it needs uh fun it needs excitement and you need to have some goals as a human being and as a couple so we do a lot of individual goals but we do a lot of joint goals we do we do and celebrating those achievements big and small keeping each other accountable and motivated you know is uh It's Tricky but it's something that I think really supports this one about setting goals and celebrate achievements you know I had a I'm almost finished with my book and there's been a whole bunch of different achievements and you've been my biggest fan yeah well I'm excited for it yeah I am too but you know I think I think keeping each other accountable to their goals too and being motivated is really important okay here's one we're struggling with we struggle with this one I'm surprised it's number 16 well it's not in any kind of order but managing time effectively we gosh you know we have this business we love it YouTube Channel's doing great uh but you know balancing personal time couple time so couple time for us is pick a ball Tuesdays and Thursdays and golf on Thursday and we're missing out on that right now yeah we got the puppy we little Ruby which helps but you've really got to spend some time at this and allocate time for relaxation and Leisure right for each other and alone time and and really prioritize the tasks and activities that are most important and everything can't be important right and then also be flexible to some spontaneous plans I think that's where we really fail I love spontaneity did I say it right I think you did spontaneity um 17 enhancing your emotional intelligence This falls under communication but really work on understanding each other's emotions when when I see that you are I'm going to say wound up or stressed or anxious it's because you're concerned about making sure what you're working on people will appreciate and and that it'll be the best that you can deliver and that's a great thing that you feel that way but I know it takes a lot of energy and I'm getting much better at recognizing that you're not stressed out you're not mad you're not angry you're just trying to make something really good for somebody else right right and I think learning to express that constructively really helps because sometimes when you just say you know like well what's a matter and I'm like well nothing's the matter I'm just deep into a research project or I'm deep into writing a script or I'm deep into you know trying to find a new book that we can you know help you know with clients or whatever but sometimes when you just say what's the matter it puts me on my heels for sure you like this is kind of like us kind of revealing it's like doing therapy with a camera exactly they're not saying anything I know leave the comments below let us know what you think but the other thing is that Jody and I are getting really good at and we're you know listen we're we're a work in progress defin we're a work in progress but we're we're study this stuff for ourselves and for you but recognize and appreciate each other's strengths and we're getting so much better at that I kind of give you free Liberty on what you're good at and I don't worry about it right and then we try to engage in activities that boost our emotional well-being you know we sometimes we meditate together we journal in the morning at the same time so here's a big one for couples you know trying to stay together and happy and that is really handling health challenges together you know really being prepared for age related health issues support each other through any health setbacks share responsibility and Health Care Management and stay informed about each other's medical needs you know this is the way to encourage a proactive approach to health and wellness and I think we we spout that a lot well we spout it but we haven't dealt with it we're very fortunate that both of us are healthy and there there's some minor things but nothing really bad knock on wood but someone left a comment on YouTube just uh this morning she just retired she's 62 her husband is 20 years older and because of that her they've been married for a long time because of that her dreams of traveling now have kind of vanished and she's struggling with that right and so so things like that can happen to your to your relationship if one of you does get sick and they can't TR so you really need to have backup plans or or talk ahead of time that you know if you do get sick we're not going to travel I'm fine with that yeah my sister-in-law's mom does that her husband can't travel for some health related issues and she goes everywhere but they agree upfront the things that he can do locally they do together and then the things she does abroad she does with girlfriend that's such a great example we should really add that comment for that couple because there's something a 62 and an 80-year-old can do together right and the younger partner can still do some stuff alone absolutely I love that absolutely all right continue to Foster mutual respect for each other you know this feeling of uh oh I don't know taking advantage taking for granted yeah is that what what you making Google I again no but you really want to stay consistent with your respect in words and actions appreciate each other's contributions to the relationship yeah and really celebrate each other 's uniqueness right practicing kindness and gratitude for each other every day even on Small Things y you know this morning Mark made the bed I'll be honest that doesn't happen a lot not what do you mean well I usually 20% of I'm last person out of bed so I figure I'm the person to make the bed but this morning you made the bed and it was really kind and I was very grateful my friend John won't let his wife make the bed cuz he makes it so much better than anybody he does it tight he does it tight does um all right come on on number 20 plan for the unexpected so plan for it at least discuss it right so discuss and prepare for unforeseen events financial problem a health problem a death of of uh a friend and you need a continuously plan for emergencies you really have to be you have to talk about everything that could potentially happen so at least you've talked about it and when it happens if it happens you're not totally taken by surprise and really just stay adaptable to life surprises right this time of life there will be some surprises but building a support system with you and your spouse together for tough times you know really really helps and it helps you maintain a positive outlook through all those challenges and this next one is really what's saved our marriage really cultivating a sense of humor I'm the class clown I'm the Joker I create all of the happiness around the house because I get you to laugh every day you really believe that no but we do push ourselves on sense of humor look we're laughing now laugh together regularly see I just did I think it's more important Mark does think he's the funniest man alive you know he'll always say I'm so funny and I'm like yeah where that one didn't land but I do think it's um important not to take yourself so seriously in this phase of life especially if you're trying new hobbies trying new activities trying new things trying new groups trying new religious whatever you're trying that's new you may or may not be good at it so don't take yourself so seriously here's what I do and it does get me in trouble I use humor to diffuse tension if there's tension I'll try to crack a joke sometimes it works sometimes it doesn't because sometimes I'll crack a joke and you'll say I can't believe he just said that right I'm trying to be serious but I I I feel tension and you know that's what I or sometimes you'll just do that laugh well yeah sometimes I just start laughing he just starts laughing and we're in the middle of like a like a tough topic and he'll just start laughing and then I just get incensed and just crazy so and I'm laughing because you're nervous I'm nervous plus I'm thinking maybe she's explained it enough when is when is she going to take a breath give me a chance to weigh in thanks so much that it could be that all right number 22 sharing responsibilities equitably right so dividing some household chores this is important as you are going to spend 7 days a week you know 24 hours a day together dividing chores fairly discussing and agreeing on decision-making process around different things and both of you showing financial responsibility yeah during this phas I think that's a pretty easy one to get your head around but it's something necessarily you have to communicate about it if someone thinks they're doing more of the household chores responsibilities than the other you need to say that right I mean I feel badly that you make the bed every day like you just said on YouTube but I I I'll I'll do it more you what I don't know I'm glad you make the bed when you make it but I made it today and I think I did a good job almost to the end all right practicing gratitude and appreciation appreciation so I journal every morning and I write down my three gratitudes my first one is always jod with a hyphen and something about her I'm grateful for and I know you sneak and look at it sometimes cuzz you live little heart signs and you leave little notes but listen I practice gratitude every day with jod and it's helped our relationship a lot when you really screw up which is rare but you have doesn't matter anymore our relationship is bulletproof I wonder if we should do a whole YouTube segment on when jod screwed up I'd love to see what very rare very rare everyone but no and ALS again I'm joking practicing gratitude and appreciation for the other person is important it doesn't hurt it's not not that hard to say thank you and it doesn't have to be big acts it can be small acts of kindness thank you for making the bed thanks for emptying a dishwasher thanks for cooking dinner right right that's what I want to hear more of okay um keeping a gratitude Journal together I haven't really looked in your Journal you have it am I in there you're in there you and little rucious all right number 24 investing in personal development you know I think it's important and we've done some research that it is important to encourage each other's individual growth you know supporting the new hobbies or educational Pursuits that one or the other of you might want to do and share some learning insights with your partner as you go along the way we we're the king and the queen of this we are so into personal development we can't wait to get our hands on a new book that someone recommended to us we do a lot of reading for you guys I mean all of these these 25 came from books and research so we invest a lot in personal development not money but just time and we share it with each other and we challenge each other it really is helpful all right so here's number 25 and then stay tuned because we have the five action steps we're going to leave you with celebrate your milestones and your retirement achievements celebrate your retirement mileston Milestones yeah we're married uh 14 years it's past August coming on 15 next year I'm 67 you'll be 40 2 I'll be 42 I love that idea I know but I think reflecting on your journey and your grow together is important and we do talk about this a lot we've come a long way from 15 years ago or 17 years ago whatever and you know we're always readapting rethinking about our future milestones and and and really these retirement experiences that we're having we try to share them with each other you know whether it's hey I'm really nervous I'm joining a ladi's golf league I you know I'm not a great golfer I'm just a learner but and I don't know a person there and I'm nervous but I shared that with you in a vulnerable way um you know you said you know just go get them but go get them go get them you go you got it you go you got it but um okay so here are the five action steps five action steps you can take to build a healthy marriage first one can't say it enough open and honest communication you want to schedule regular uninterrupted uninterrupted time to talk about your day your feelings and your concerns and the other person needs to practice active listening empathy and understanding and again show your appreciation and gratitude every single day I agree number two is joint financial planning we don't do financial planning but reviewing and adjusting your retirement budget together being transparent about spending habits and financial goals and plan for any long-term needs including your health care needs these are really that's really important to do and I think it's it's an important step for everyone it is shouldn't be any undisclosable your financial situation no surprises number three prioritizing health and wellness cannot emphasize this enough communication knowing your finances and being Health um health conscious is really really important we we have a joint exercise routine you know pickle ball and golf and golf isn't really exercise but we do physical activ together we eat together so we adopt a healthy diet we walk together we go to the doctors together um we support each other with our medical concerns and you know we do stress reducing activities you do yoga I do meditation mindful walk so prioritizing health and wellness will lead to a healthier marriage and the fourth thing is to cultivate those shared and individual interest is interests you know identify hobbies and activities you can do to together and encourage and support each other to pursue individual passions I think we talked about that one enough but that's a really important one number five this is it might be hard for you guys but regular relationship check-ins we do it every day we check in with each other every single day I'll admit this morning was a little bit rough this morning was a little crazy a little rough rough um and you know we didn't really get a chance to talk about it but we kind of aired it today on on here so I feel better you know I didn't get a kiss this morning but that's all right but celebrate your accomplishments and Milestones in your marriage revisit and revise your goals but gosh just have a check-in on how you're doing as a couple so listen we covered a lot here today and we hope you made some notes and have a good list to start working on your marriage together so if you like this video this next one don't make these marriage mistakes will be great to watch we outline all the mistakes that you can make that you shouldn't and it really complements what you learned here today so watch this next

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Why do People Struggle the First Year in Retirement? We were surprised!

the first year of retirement isn't always the dreamy Escape many people imagine no it's not maybe one of the most significant transitions in your life it was for us and it probably is going to be for you and that's because it's filled with all the unexpected challenges roadblocks and adjustments you have to make in this new pH and I think it's really important to understand that if you fail to navigate this first year you might find yourself questioning your entire decision to retire and today we're going to give you some strategies to feel empowered to overcome any of the struggles you might find do we ever feel like we made a mistake and we should still be working I do sometimes do you I do back in your corporate life I oh my good I do I know but listen and I'm sure some people do maybe but if you're new here I'm Mark Rollins and this is my wife Jody Rollins we don't focus on the financial aspects of retirement but rather life lifestyle Health relationships and more and we're so happy you're here today and it really would be helpful to us if you could share this video with anyone else that you know or care about that's in their retirement Journey too and you know join our free Facebook community at retirement transformed we go live each week and offer guidance support strategies to make this chapter the best it can be so before we jump in I want to remind you that this first year of retirement really sets the foundation for all the future years to come so you want to be able to equip yourself with the knowledge that you need you want to stay proactive and embrace this new Journey with a lot of confidence you know we know dozens of people who are floundering in this first year of retirement and it's really not pretty to watch I was at a bridal shower this past weekend and a woman across the table from me said um you know I heard her talking to someone else and she said I'm terrified and I thought oo this will be an interesting conversation we're at a bridal shower I'm not sure what there is to be terrified about but she's a teacher and this is her last year so in June she's done done after 35 years of teaching the third grade and she said I'm I'm literally terrified I don't know where to start that is scary and it it's scary for everyone I'm not saying it's scarier for a teacher or doctor whatever but if this is all you've known and you know teachers have a special kind of thing they they work from the middle of August through the end of June and then I have the summer off right and you do that for 30 40 years right and it's a routine that you're comfortable with and you get enjoy it you get fulfillment right what do you how do you feel that so the first year is really really important to get that right my dad screwed it up big time I mean he without a doubt he's a good example of someone who made a lot of mistakes in his first year and I you know I I tell people that retirement actually killed my dad because he just didn't know how to get through this first year and set himself off in a spiral which yeah he was he was unprepared and a lot of people do enter this phase of their life maybe prepared financially but unprepared emotionally and with all of the kind of red flags that start to come their way you know your dad really just couldn't reinvent himself he lived in the used to world yeah it was it was bad but you know we do know plenty of people who think this phase is easy and for some people they actually make the transition smoothly but for others like my dad you know like I said it can actually kill you if you don't really get it right so we should cut the mystery and jump into what people really struggle with yeah and I think the first thing we see in people that we know and clients that we have and talks that we have given as well as the research that we do is this major loss of identity that hits you probably a week or two after you retire ire yeah and for a long time whether you're a teacher or a doctor or a lawyer or an insurance agent or a corporate executive we derived a lot of our selfworth from our job roles right I mean that's just the way it was and it you know when you first got out of college and started your job it was one thing but by the time you ended up you were at a much higher very senior level in your company and that was your identity and when that identity no longer exists you really find yourself in a strange danger zone right you know without an identity in retirement you can have feelings of worthlessness and and really have a hard time finding your purpose and passion so it's really a reinvention of source so in your first year this is going to happen you're going to lose your identity and you really need to start thinking about creating a new one you don't want to go too long like my dad did and spend the next 10 years holding on to or feeling sad about losing your identity you want to make a new one it's really really important now the other thing that people struggle with in the first year of retirement is financial concerns and that's normal right because you're moving from a time in your life when you have a steady paycheck or an expense account or whatever it might be health insurance all of that is just coming at you automatically yeah and then it stops it does stop and then you have your nest egg and Market volatility can add to your stress you know if you've planned properly up to that moment but then have to make different financial decisions moving forward maybe riskier or less risky Investments depending on you know how you're advised you find yourself in a little bit of a budgeting process that becomes really crucial to how you're going to live this first year well it's a good point and we spend 30 40 Years of our life accumulating assets right just adding to it adding to it adding to it 401 okay whatever it might be but then that stops and now you go into this new phase called uh decumulation where you're actually taking your savings and your assets and living on that and that is mentally is a really hard financial concern so in the first year you've really got to make sure that you figure that out and get comfortable with it and have a good plan a good financial plan or you know really nail your financials yeah really and then you know we hear a lot from people you know that they're bored they're bored in retirement you know they don't really have a routine that they can stick to and they really struggle that first year getting away from you know the the structure and accountability that they had with their work days just this morning I was down watching the sun come up and I ran into my friend who retired a year ago and he keeps himself busy but you know I was checking with him and say how's it going cuz it's it's okay it's okay how's your you know how's your new uh career that you're doing he's a he's a writer now and he's writing he said well it's interesting you know I watch you guys on YouTube and you talk a lot about um having routines and I find that it's easier not having a routine which it is but then he doesn't do what he wants to do which frankly is harder if you don't have some routines built in and some plans for your day in the first year of retirement you're going to get used to not having routines you're going to get used to not getting things done and you're not going to like it you just are not going to like it so I think that it's easier to have routines maybe harder to get moving in that direction but once you have them your life becomes so much easier I don't know how you think about no I I agree with you I do know we get a lot of push back on people who want to just abandon routine because they've lived 35 or 40 years in a strict routine and I really advise people I think it's okay to let it go for a little while but not too long so that you know as they say the proverbial horse is out of the barn and now you can't get it back you wake up every day what am I going to do today that is not a good position to be in for a whole year for sure now the other thing that you can struggle with and you might struggle with right out of the box when you leave your career is social isolation I know for me I had you know 80 people working in my company I was the CEO and I had great relationship with these people and it was kind of like Fridays were what are you going to do this weekend what's going to happen Mondays were how was your weekend what did you do how are the kids how are the grandkids all of this stops right and then it's just you and me I really I really it's important to remember that um you know those relationships that you had at work even extending out to you know I knew a lot of you know my co-worker spouses and their children and I watch them grow and go through college you know you have that longevity of your story your relationship story with these folks and some of them you will bring with you but a lot of them get kind of left behind in the situational kind of friendship bucket um so the big message here is you need to is to replace it you've got to find Community whether it's joining a health club or you know we do pickle ball we talk about that a lot going back to church or religious institution Social Clubs community centers Gym classes gym classes reaching out to your friends make a list of all your friends and start contacting them because you don't want to struggle with social isolation in your first year it's really going to bring you down you know and the fourth thing that we really wanted to talk about was your health and physical activity because I know we did this when we retired you know we were like you know we're just going to go ahead and relax and eat and drink and just sleep late and you know we got a little sluggish there for a while and it wasn't healthy for us and we did course correct and um you know not saying seven days a week you know 30 days out of the month we're always on track we do stay on the health and wellness you know Mission because as you age health challenges come your way it just happens well the other big thing that you could find yourself struggling with is when you first retire in your first year depending upon your circumstances with your partner in in this case jod and I as a married couple that relationship can struggle because we both had work we had our careers we had time at home but every all the Dynamics change when both of you now are home all day long and Frank of this business for us is really helpful because it gives us something to do together but we also do a lot of things on our own we do and and you know while the business is helpful it adds stress and boundaries become even more important I think so if you're starting a business in retirement which we should maybe do a series on that we are we definitely are because there is some Milestones that we uncovered well the other thing that people struggle with in the first year is getting used to setting goals like you said a lot of people say gosh you guys do all this planning and stuff but you need to if you don't set some goals for yourself because you were used to that during your career right you set work rated Milestones um you might find yourself without goals a little bit aimless and at least having personal goals on your physical or whatever it might be yeah I think the big difference with goals is now you have a chance to hold yourself accountable and your goals can be aimed at things that you're really interested in right and then if you're really interested in for example I've been trying to I've been practicing I don't know that I'll ever end the practice but you know different things in yoga and I set goals for for myself no one else is holding me accountable I mean you would have no idea no I but you come home and you tell me about the new stances like the the the one-legged chicken is that one of the things it is not one but we'll do a whole another yoga series I guess well I think again having goals is really important and you know just a a couple more things your emotional well-being it's easy to get in this first year and all of a sudden find yourself sad and down and cre uh you know that stuff will will creep into your life if you're not doing everything we said you know what's funny about this this emotional well-being one because I'm so sad all we actually had a little bit of a tussle this morning you think and sometimes I wonder if in retirement you have more time to think about things mhm and you know maybe you create a mountain out of a mole hill you think no no no what is this I didn't do that yes you did my finger never you're the one that built this huge mountain this morning out of a mole hill so you know I wonder if this is something to really focus on you know you know recognize emotions that you have and consider even you know seeking some counsel on it so now I need a therapist for our relationship this this whole first year of retirement can be very very difficult without a doubt definitely it's meant to be fun and exciting so we don't want to find ourselves in a rut and unsure what to do next yeah I mean trust us when it when we tell you if you get into some good rhythm in your first year the rest of your retirement can become all that you dreamed of like our retirement right that's so funny we hope you enjoyed this video and if you did this next one a happy retirement is in your control we talk about how to bring healthy habits into your life so that you can flourish in retirement so watch this one next

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