How To Have An Epic Retirement with Bec Wilson
Manage episode 401251987 series 3538800
Summary
In this episode, I get to have a great conversation with Bec Wilson, author of 'How to Have an Epic Retirement,' to discuss the key themes and pillars of retirement planning. Bec shares her journey into the retirement space and the inspiration behind her book. We discuss the importance of understanding lifespan and healthspan, as well as the financial confidence needed for retirement. Bec emphasizes the need for proactive health management and the role of exercise and diet in healthy aging. The conversation highlights the interconnectedness of time, money, and health in creating an epic retirement. We have a great discussion about the 5 pillars of retirement: time, money, health, happiness, and your home as you age. We delve into the importance of happiness and fulfilment in retirement, emphasising the need for social interaction and meaningful activities. Finally, Bec introduces the five big stages of retirement: pre-euphoria, adjustment, euphoria, post-euphoria, and frailty.
Takeaways
- Social interaction and building relationships are crucial for happiness and fulfillment in retirement.
- Making informed decisions about housing can help minimize financial risks and maximize retirement enjoyment.
- The five big stages of retirement are pre-euphoria, adjustment, euphoria, post-euphoria, and frailty.
- Planning for retirement should include considerations for physical and mental health to maintain independence and minimize time spent in frailty.
Chapters
00:00 Introduction and Background
03:00 The Six Pillars of Retirement
24:36 Time: Understanding Lifespan and Healthspan
32:48 Money: Financial Confidence and Planning
39:04 Health: Taking Care of Your Body and Mind
43:32 Pillar 4: Happiness and Fulfillment
47:41 Pillar 5: Your Home as You Age
57:15 The Five Big Stages of Retirement
Episode Links & Resources
- Bec’s book How to have an Epic Retirement
- Bec’s Website https://epicretirement.com.au/
- Bec’s Newsletter https://www.epicretirement.net/
- Bec’s Podcast https://www.primetimers.net/
- WealthGPS – Lifestyle Financial Planning by TFP
- Download My FREE Retirement Toolkit
- Subscribe to my Super Sunday Retirement Roundup Newsletter
64 episode